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.