[2] The act would also have set aside two percent of profits from cannabis sales to promote industrial hemp, biodiesel, fiber, protein, and oil.

Creates commission to license marijuana cultivation by qualified persons and to purchase entire crop.

Commission sells marijuana at cost to pharmacies, medical research facilities, and to qualified adults for profit through state-licensed stores.

Ninety percent of net goes to state general fund, remainder to drug education, treatment, hemp promotion.

Commission regulates use, sets prices, other duties; Attorney General to defend against federal challenges/prosecutions.