AR Times: “For the first time in Arkansas history, a constitutional amendment to legalize recreational marijuana in Arkansas will appear on the ballot in November.
Voters have the chance to make Arkansas the 20th state in the country and second in the South (after Virginia) to legalize marijuana for adults.
…
Under the new amendment, recreational marijuana purchases would be taxed with a 10% supplemental sales tax that consumers would pay on top of existing state and local taxes. The 4% privilege tax would be eliminated.
The tax revenue would be earmarked for certain purposes. According to the amendment, 15% of the new tax revenue would fund a stipend for certified law enforcement officers, 10% would support the University of Arkansas for Medical Sciences and 5% would support drug courts, with the remainder going to the state’s general revenues.
The amendment would not allow consumers to grow their own plants, and it would not expunge any prior marijuana-related convictions.”
“