Passage of Marijuana amendment would mean huge economic boom for State and Municipalities

KANSAS CITY - When Missouri voters go to the polls in November to decide whether recreational use of marijuana should be legal there’s a lot more than pot use at stake.

Approval could mean big money for the state and cities.

Marijuana is estimated to be an almost two-billion-dollar market in Missouri. Most of that is due to illegal sales with no benefit to the state. But if voters approve the amendment, the hope is that those underground buyers would move their business to stores, creating revenue by way of taxes.

If approved, Amendment 3 would allow those 21 and over to  possess, purchase, consume and cultivate marijuana. A recent SurveyUSA poll showed that 62% of Missouri voters favor the amendment.