Colorado broke ground today in its path towards marijuana legalization. Activists from groups like SAFER, Sensible Colorado, and NORML have begun gathering the first of the 86,000 signatures needed to get a measure on the 2012 ballot that would legalize weed for recreational use.
Just like its name suggests, Colorado’s “Regulate Marijuana Like Alcohol Act” would treat marijuana similar to alcohol, and tax it accordingly. If passed, the amendment would legalize possession of up to an ounce of weed for adults over the age of 21, and it would bring much needed revenue to the state. According to CNN’s estimates, Colorado would earn $17.6 million in tax revenue if marijuana is legalized.
Even though Colorado voters rejected a marijuana legalization measure in 2006, proponents of this measure say it’s more relevant this time around and they are optimistic about Colorado blazing the way towards marijuana legalization. However, some pro-pot activists are criticizing the measure due to its heavy regulation.
Politicians in support of the measure, on the other hand, say that not only will it bring in tens of millions of dollars to the state, but it will make communities safer by getting weed off the black market and instead implementing a strict, state-controlled system.
Proponents have about 180 days to gather the 86,000 signatures needed the measure on the ballot.
Posted By: Marijuana News