News4JAX to host statewide forum on Florida’s Amendment 3 on Oct. 9

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News4JAX to host statewide forum on Florida’s Amendment 3 on Oct. 9
FloridaPoliticsAmendment 3
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Florida voters will vote “yes” or “no” to Amendment 3, the legalization of recreational marijuana use for adults 21 years or older.

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The amendment’s financial impact primarily comes from expected sales tax collections. If legal today, sales of non-medical marijuana would be subject to sales tax and would remain so if voters approve this amendment. Based on other states’ experiences, expected retail sales of non-medical marijuana would generate at least $195.6 million annually in state and local sales tax revenues once the retail market is fully operational, although the timing of this occurring is unclear.

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