What could $582,000,000 every year do?

The answer is:  a lot.

 

According to the state Office of Financial Management, I-502’s new 25% marijuana excise tax, combined with retail sales and B&O tax, would generate more than a half billion dollars in new tax revenue annually

 

Approximately $182 million would go to the state general fund, $34 million to local budgets, and $366 million to health care, education, and prevention.  

 

That's a lot of money for our communities and for our state.

 

It's time for a New Approach to marijuana.

 

Tax Revenue Distribution

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