Georgia lawmaker proposes bill to legalize cannabis for adult use
State Sen. Curt Thompson introduced a cannabis legalization bill in hopes to win votes and support, as well as profiting off of the tremendous tax revenue retail sales will bring.
Thompson intends to mirror the Colorado state system in regulating cannabis sales, and claims the state’s education and transportation infrastructure could benefit from the huge tax revenue.
“If you used the Colorado tax rates and then just correcting for population, you know, assuming it’s going to be heavier use or less use here in Georgia than in Colorado, you end up bringing about $340 million dollars a year just in tax revenue,” Sen. Thompson told Channel 2 News.
Georgia only allows medical use of cannabis restricted to a few medical conditions and low to no THC and high CBD prescription.
Thompson claims there’s over six sponsors for the adult-use cannabis measure and 17 or 18 sponsors for medical-use, chances of the bill passing this year are slim because of the strong opposition.
In order to pass, The General Assembly will first vote on their approval, then the measure would be placed on the November ballot for Georgia voters to decide the fate of social cannabis for adult-use.