Legal marijuana backers tout potential money for statesPosted by On

PHOENIX — Supporters of ballot measures that would legalize marijuana are pitching cannabis as a new revenue source that can fund schools, roads and even public safety, a new appeal aimed at winning over suburban voters who might still be hesitant about the accessibility of legal pot.

Voters in five states will decide seven marijuana-related ballot measures this year. Initiatives or propositions in Arizona, Montana, New Jersey and South Dakota would legalize marijuana for recreational use. Measures in Mississippi and South Dakota would legalize marijuana for medicinal purposes.

Proponents of those measures say new legal sales — and the excise taxes that come with them — would fill revenue gaps at a time when state government budgets have been decimated by the coronavirus pandemic.

“It’s time to legalize adult use marijuana and generate millions for Arizona,” an advertisement supporting Proposition 207 here says. “$300 million in new revenue, for public safety, for our…

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