Legalizing marijuana could raise $40 million for Arizona schools, backers say

0828weed07Legalizing and taxing marijuana could raise an additional $40 million a year for education, according to estimates by the campaign to legalize the drug in Arizona.

The Campaign to Regulate Marijuana Like Alcohol, which is gathering signatures to qualify for the 2016 ballot, would establish a network of licensed cannabis shops where sales of the drug would be taxed.

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