Wisconsin governor Evers suggests legalizing marijuana and placing among the proceeds into fairness initiatives and rural faculties – MJNews Community

The governor’s proposal regulates and taxes marijuana in a manner similar to alcohol and generates more than $ 165 million annually as of fiscal 2023

WISCONSIN: Governor Tony Evers announced today that his 2021-23 biennium will propose marijuana regulation and taxation, much like Wisconsin regulates and taxes alcohol. Under the proposal, Wisconsin, along with 15 other states, including neighboring Michigan and Illinois, would legalize recreational marijuana. The governor’s 21-23 budget proposal will increase revenue, create jobs, and reduce the costs of the criminal justice system, while allowing those suffering from chronic or debilitating pain and illness to use the drugs they need.

“Legalizing and taxing marijuana in Wisconsin – just like we already do with alcohol – ensures that a controlled market and a safe product are available for both recreational and medical users, and can open up myriad opportunities for us to be in our communities invest and create more just state, ”said Governor Evers. “In all honesty, the red and blue states across the country have pushed legalization, and there’s no reason Wisconsin should be left behind when we know it’s backed by a majority of the Wisconsinites.”

In 2019, a Marquette University poll found that nearly 60 percent of Wisconsinites support marijuana legalization and 83 percent of Wisconsinites support medical marijuana legalization. The governor’s biennial budget for 19-21 proposed legalizing medical marijuana, which was ultimately rejected by Republicans in the legislature.

Marijuana legalization is expected to generate more than $ 165 million annually from the second year of the biennium (Fiscal Year 23). The governor is proposing that $ 80 million of marijuana revenues be allocated for reinvestment in communities across the state through a new Community Reinvestment Fund. Beginning in fiscal year 23, the Community Reinvestment Fund will provide $ 30 million in equity grants through the Department of Health Services, the Department of Administration and the Department of Children and Families. US $ 5 million to fund underserved community grants through Wisconsin Economic Development Corporation; and providing more than $ 34 million to support Sparsity Aid, which goes to small rural school districts. The remaining income would be paid into the general state fund.

According to the governor’s proposal, marijuana would be taxed and regulated in a manner similar to alcohol and regulated by both the Treasury Department (DOR) and the Department of Agriculture, Trade and Consumer Protection. The proposal would require that recreational marijuana sales be made by a marijuana retailer that has a permit issued by the DOR. Individuals would have to be 21 years old to buy recreational marijuana. Any sale of recreational marijuana to minors would be prohibited. The plan also provides a way for medical marijuana users to access the product without paying retail taxes.

There are certain limits on the sale and possession of marijuana under the proposal. Wisconsin residents cannot own more than two ounces of marijuana and six plants for personal use. Non-residents cannot own more than 0.25 ounces of marijuana. Under the proposal, no marijuana processor or micro-business that works as a marijuana processor will be allowed to use marijuana with marijuana grown outside of Wisconsin.

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