Marijuana news from contributing authors and staff writers on the latest in marijuana and medical marijuana
According to the Tucson Weekly, Arizona Rep. Ethan Orr is looking at Colorado’s recent marijuana venture and the taxes, licenses, and fees that have brought the state more than $7 million so far.
As reported by the Arizona Republic, the Arizona revenue projections released last Tuesday to the legislature’s Finance Advisory Committee predict that the state will end this budget year with a $520 million deficit and possibly up to a $1 billion deficit in the coming fiscal year of 2016.
“Given the massive budget shortfall we’re facing, we need to look at revenue and I think this is a logical place we need to look,” Orr said. “I think it’s time to have an intelligent conversation about it (legalization).”
Orr also said that lawmakers should consider his proposal before supporters in the effort to make marijuana legal take their measure before voters in 2016.
Mason Tvert, director of communications at the Marijuana Policy Project, commends Rep. Orr for demonstrating leadership on the issue.
“While we are not yet familiar with the details of Rep. Orr’s bill, we would likely support any well-written proposal to regulate and tax marijuana similarly to alcohol,” Tvert stated.