Proposal 1, one of three proposals on Michigan's ballot this year, would legalize recreational marijuana use for those who are 21 years of age and older. The proposition would allow residents to have up to 2.5 ounces of weed and 15 grams of concentrate. It also allows up to 12 plants and 10 ounces per household.

The proposition to legalize recreational marijuana made it onto the ballot after it received 252,523 petition signatures earlier this year. It has strong support from Michigan residents. Legalization could greatly benefit the state and all of its residents.

Almost right away, legalization would help to improve Michigan's economy. Colorado has made $506 million in revenue since recreational sales began in 2014, according to CNN.

Marijuana would face a 10 percent sales tax on top of the 6 percent state sales tax, and the revenue from the tax would be split several ways. Thirty-five percent of revenue would go to K-12 education, 35 percent to roads, 15 percent to communities that allow marijuana and 15 percent to counties where the marijuana business was located.