- Associated Press - Thursday, August 6, 2015

PHOENIX (AP) - A group backing a voter initiative legalizing recreational use of marijuana and regulating it like alcohol has collected 50,000 of the 150,000 signatures it needs to get on Arizona’s November 2016 ballot.

The Marijuana Policy Project announced what it called a significant milestone in its effort to legalize pot in the state Wednesday. It needs to gather the signatures by July 7, 2016 to qualify the initiative.

The initiative would allow people age 21 years and older to grow and consume small amounts of marijuana. It also would set up a regulatory system allowing licensed businesses to grow and sell marijuana and let local governments oversee or prohibit pot businesses.

Marijuana sales would be subject to Arizona sales tax plus a 15 percent tax to fund education.

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