The same day President Barack Obama was re-elected for his second term, Colorado and Washington became the first two states in the country to legalize recreational marijuana use and possession for people over the age of 21.
Voters approved the Colorado Marijuana Legalization Amendment, also known as Amendment 64, while the Washington Marijuana Legalization and Regulation, Initiative 502, was passed in Washington marking the first time recreational marijuana legislation was passed.
Amendment 64 lists many restrictions in marijuana use including it being “taxed in a manner similar to alcohol.” Similarly to alcohol, customers are required to present a photo ID when purchasing marijuana.
Those of the legal age will be allowed to purchase up to one ounce of the drug from retail stores and grow up to six marijuana plants in their homes. However selling, distributing and transferring marijuana to minors, driving under the influence and using marijuana in public remains illegal.
Initiative 502 proposes a 25 percent tax imposed when the grower sells marijuana to a processor, again when the processor sells it to a retailer and a third time when the retailer sells it to a customer.
Source: The Review