The LEGALIZATION and Regulation of Marijuana Act:

(1) allows adults twenty-one years of age and older to legally possess, consume, and grow limited amounts of marijuana;

(2) reduces criminal penalties for marijuana offenses;

(3) creates a system in which licensed businesses will produce and sell marijuana;

(4) establishes a 10% tax on retail marijuana sales, from which the revenue will be allocated to public health and education;

(5) establishes a Department of Marijuana Licenses and Control to regulate licensed businesses that produce, cultivate, or sell marijuana;

(6) provides local governments with the authority to regulate marijuana businesses.