A bill was introduced in the Tennessee legislature to allow people to buy marijuana and for it to be taxed to help pay for schools and infrastructure.
As it's proposed, sellers would have to have be licensed officially through the state so it could comply with the Business Tax Act. Then that business would be legally able to grow, process, and sell marijuana to customers at least 21 years old. No one could buy more than half an ounce.
Of the tax collected, 12% on each sale would be then distributed this way:
20% of the money to the state's general fund
50% to education
30% to infrastructure
SB 1849 was filed in the Tennessee Senate on Friday by Sen. Raumesh Akbari (D-Memphis).