AZFMR’s Marijuana Legalization Initiative, the Campaign to Legalize and Regulate Marijuana, YES on I-14-2016, is expected to generate a total of $500 MILLION dollars in Revenue for the State of Arizona.
AZFMR’s I-14-2016 Initiative will bring in Revenue to the “Marijuana Fund” from NUMEROUS sources:
● Taxes on Marijuana, Marijuana Plants, and Marijuana Products that are sold at the 1,500+ Retail Dispensaries.
● Licensing fees from the 1,500+ Marijuana Retailers and Licensing Fees from an unlimited amount of Marijuana Cultivators, Marijuana Product Manufacturers, Marijuana Distributors, and Marijuana Testing Facilities. (1,500 Marijuana Retailers x $25,000 License Fee = $30 MILLION)
● Fines and fees are paid into the Marijuana Fund from consumers and Marijuana Businesses who violate the Marijuana law in any way.
As if that weren’t enough, AZFMR’s I-14-2016 Initiative requires that HALF of all Licensing Fees for Marijuana businesses be given directly to the City or County where the Marijuana business is established.
In this way, AZFMR’s I-14-2016 Initiative will generate MILLIONS of dollars each year for the individual City and County to use as they see fit!
AZFMR’s I-14-2016 initiative distributes the total revenue generated by our Marijuana Legalization Act by giving: