ABC 9 reports

NASHVILLE, Tenn. (WZTV) -New legislation filed in the Tennessee General Assembly would allow for the sale of marijuana along with a 12% tax that would go towards helping education and infrastructure.

SB 1849 was filed in the Tennessee Senate on Friday by Sen. Raumesh Akbari (D-Memphis).

Under the bill, a person or entity would need to have a registered business, a license from the state and be in compliance with the Business Tax Act. The bill would apply for the growing, processing, manufacturing, delivery and sale of marijuana. Those licensed would also be able to sell only at locations zoned for sale.

ALSO SEE: Legislation would allow for Tennessee counties to legalize growing, sale of marijuana

Sale would only be allowed to those 21-years-old or older and sales would be regulated to a 1/2 ounce.

A 12% sales tax would be levied on marijuana sales with 20% of taxes going to the state’s general fund, 50% going towards education, and 30% going towards infrastructure projects.

Full report  https://newschannel9.com/news/local/tennessee-bill-would-allow-12-sale-of-marijuana-to-be-taxed-for-schools-infrastructure