Oct 112012
 

Author: Wayne Stafford

[youtube]http://www.youtube.com/watch?v=zkvs2FOARbU[/youtube]

Amendment 64 proposes amending the Colorado Constitution to:

Regulate the growth, manufacture, and sale of marijuana in a system of licensed
establishments overseen by state and local governments;

Allow individuals who are 21 years old or older to possess, use, display, purchase,
transport, and transfer—to individuals who are 21 years old or older—one ounce or
less of marijuana;

Allow individuals who are 21 years old or older to possess, grow, process, and
transport up to six marijuana plants, with certain restrictions;

Require the state legislature to enact an excise tax on marijuana sales, of which the
first $40 million in revenue raised annually must be credited to a state fund used for
constructing public schools. The excise tax must be approved by a separate
statewide vote; and

Require the state legislature to enact legislation concerning the growth, processing,
and sale of industrial hemp.

CTV reporter Wayne Stafford takes the story down to the capital and gives an inside look at amendment 64 and the issues revolving around it.

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