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New Hampshire lawmakers are preparing to introduce a marijuana legalization bill

If passed, the bipartisan legislation is estimated to result in $33 million in revenue for the state.

In this file photo taken in October, a marijuana plant is pictured in Vancouver, Canada. Don MacKinnon / AFP/Getty Images

CONCORD, N.H. (AP) — Lawmakers in New Hampshire estimate legalizing marijuana statewide and regulating it could result in $33 million in revenue for the state.

Democratic state Rep. Renny Cushing says his bill builds upon the work of a recent marijuana study commission. New Hampshire Public Radio reports the drafted legislation has yet to be made public.

If passed, the bill would legalize up to an ounce of recreational pot and five grams of concentrated cannabis for adults. The bill would also establish a cannabis control commission to license and regulate cannabis businesses and includes a proposed $30 per ounce wholesale tax.

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Sponsors include Republican Sen. John Reagan and Democratic Sen. Martha Hennessy.

Republican Gov. Chris Sununu remains opposed to marijuana legalization. The New Hampshire Association of Chiefs of Police also opposes legalization.