PROPOSITION NUMBER 2 - Use medical cannabis
Shall a law be enacted to:
establish a state-controlled process that allows persons with certain illnesses to acquire
and use medical cannabis and, in certain limited circumstances, to grow up to six
cannabis plants for personal medical use;
authorize the establishment of facilities that grow, process, test, or sell medical cannabis
and require those facilities to be licensed by the state; and
establish state controls on those licensed facilities, including:
o electronic systems that track cannabis inventory and purchases; and
o requirements and limitations on the packaging and advertising of cannabis and on
the types of products allowed?
Initial Fiscal Impact Estimate:
The Governor's Office of Management and Budget estimates the law proposed by this initiativewould result in total fiscal expenses of $2,900,000 ($1,800,000 ongoing and $1,100,000 onetime).
Fee collections would cover about $1,400,000 of ongoing costs. General state revenues would berequired for remaining ongoing costs ($400,000) and all onetime costs ($1,100,000).
Under the proposed sales tax exemption, the state and local governments may initially forego$1,600,000 in sales tax revenue. Foregone revenue could increase over time if consumption and taxable sales increase in the later years following implementation.
Consumer and firm behavior different than assumed would alter these estimates.
In addition, the cost of posting information regarding the initiative in Utah’s statewide
newspapers and for printing the additional pages in the voter information packet is estimated at
$30,000 in one-time funds.
FOR ( )
AGAINST ( )