Robert Celt
New Member
Following Attorney General Leslie Rutledge approving a marijuana proposal for the first time since taking office, there are now two medical marijuana petitions circulating. There are several differences between the newly approved Arkansas Medical Marijuana Amendment of 2016 and the Arkansas Medical cannabis Act; one of the big differences is how the sales tax would be distributed.
The Arkansas Medical Marijuana Amendment of 2016 will need to gather nearly 85,000 from registered voters; the Arkansas Medical Cannabis Act will need to gather around 68,000 to make the ballot.
The Arkansas Medical Marijuana Amendment of 2016 includes:
-setting a max fee for dispensary and cultivation licenses, no cap for patient card fees.
-create a Medical Marijuana Commission
-Department of Health sets the rules for cards and additional qualifying medical conditions
-Alcoholic Beverage Control sets operating rules for dispensaries and cultivation facilities.
Sales tax breakdown:
10 percent would go back into the program.
10 percent to the Skills Development Fund
30 percent to General Revenue Fund
50 to Vocational and Technical Training Special Revenue Fund
Meanwhile, the Arkansas Medical Cannabis Act, that's been gathering signatures since 2014 after former AG Dustin McDaniel approved it, already has more than 57,000 signatures.
The Arkansas Medical Cannabis Act includes:
-setting a max fee for dispensary and cultivation licenses and patient card fees
-Department of Health sets rules for cards and additional qualifying medical conditions
Sales tax breakdown:
All sales tax revenue collected goes back into the program.
News Moderator: Robert Celt 420 MAGAZINE ®
Full Article: Two Medical Marijuana Petitions Circulating In Arkansas
Author: Marine Glisovic
Contact: abc7
Photo Credit: None found
Website: abc7
The Arkansas Medical Marijuana Amendment of 2016 will need to gather nearly 85,000 from registered voters; the Arkansas Medical Cannabis Act will need to gather around 68,000 to make the ballot.
The Arkansas Medical Marijuana Amendment of 2016 includes:
-setting a max fee for dispensary and cultivation licenses, no cap for patient card fees.
-create a Medical Marijuana Commission
-Department of Health sets the rules for cards and additional qualifying medical conditions
-Alcoholic Beverage Control sets operating rules for dispensaries and cultivation facilities.
Sales tax breakdown:
10 percent would go back into the program.
10 percent to the Skills Development Fund
30 percent to General Revenue Fund
50 to Vocational and Technical Training Special Revenue Fund
Meanwhile, the Arkansas Medical Cannabis Act, that's been gathering signatures since 2014 after former AG Dustin McDaniel approved it, already has more than 57,000 signatures.
The Arkansas Medical Cannabis Act includes:
-setting a max fee for dispensary and cultivation licenses and patient card fees
-Department of Health sets rules for cards and additional qualifying medical conditions
Sales tax breakdown:
All sales tax revenue collected goes back into the program.
News Moderator: Robert Celt 420 MAGAZINE ®
Full Article: Two Medical Marijuana Petitions Circulating In Arkansas
Author: Marine Glisovic
Contact: abc7
Photo Credit: None found
Website: abc7
