More than a dozen state legislators — including two who represent the Lynnwood area — have come out in support of a measure that would legalize marijuana for adults. It will appear on the Nov. 6 ballot.
“Initiative 502 will free up law enforcement resources needed to combat violent crime,” said Rep. Moscoso. “A tightly-regulated system for marijuana will allow our police and prosecutors to focus on more important public safety priorities.”
Under I-502, privately owned stores would be licensed to sell limited quantities of marijuana to adults 21 and over. Washington growers and processors would be licensed to provide marijuana to the stores.
Eighty percent of a new marijuana excise tax would be dedicated to health care, prevention, research and education. The rest of the tax, and all sales tax, would go to the state general fund and local budgets.
A preliminary analysis estimates I-502 would generate $560 million in new revenue annually.