Proposition 64

Marijuana Legalization. Initiative Statute.

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Legalizes marijuana under state law, for use by adults 21 or older. Imposes state taxes on sales and cultivation. Provides for industry licensing and establishes standards for marijuana products. Allows local regulation and taxation. Fiscal Impact: Additional tax revenues ranging from high hundreds of millions of dollars to over $1 billion annually, mostly dedicated to specific purposes. Reduced criminal justice costs of tens of millions of dollars annually.

Semi-Official Election Results:

Yes votes: 4,940,869 [56.0%]

No votes: 3,876,649 [44.0%]

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