Full Text of Proposition 205

Read the full text of Arizona Proposition 205 entitled the “Regulation and Taxation of Marijuana Act.”  The proposition is sponsored by the Marijuana Policy Project.

The Act: (1) establishes a 15% tax on retail marijuana sales, from which the revenue will be allocated to public health and education; (2) allows adults twenty-one years of age and older to possess and to privately consume and grow limited amounts of marijuana; (3) creates a system in which licensed businesses can produce and sell marijuana; (4) establishes a Department of Marijuana Licenses and Control to regulate the cultivation, manufacturing, testing, transportation, and sale of marijuana; and (5) provides local governments with the authority to regulate and limit marijuana businesses.

By |2017-02-04T07:33:04+00:00August 1st, 2016|AZ Legislation, Stories & Articles|Comments Off on Full Text of Proposition 205

About the Author:

The author of this article is Richard Keyt, an Arizona business law attorney who is the creator of this Arizona medical marijuana law website. Connect with Richard at 480-664-7478 or on Google+
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