Establishes the youth protection, crime reduction, and collateral education funding act of 2016.

Lowers the marijuana excise tax from thirty-seven percent to twenty-five percent of the selling price on each retail sale in this state of marijuana concentrates, useable marijuana, and marijuana-infused products.

Provides that the state fully occupies and preempts the entire field of regulating the production, processing, and retail sale of useable marijuana, marijuana-infused products, and marijuana concentrates under the uniform controlled substances act.