California to legalize Cannabis – and tax it


This one is almost unbelievable:

“Assemblyman Tom Ammiano will announce legislation on Monday to legalize marijuana and earn perhaps $1 billion annually by taxing it.”


“Mecke said Ammiano’s proposed bill “would remove all penalties in California law on cultivation, transportation, sale, purchase, possession, or use of marijuana, natural THC, or paraphernalia for persons over the age of 21.”

More on this dreamlike story here and here and here.

Can the rest of the world please follow suit, now.

(thanks Ed)

Here’s a thought. If governments worldwide adopted this policy, there would be no more economic crisis. How about that?

UPDATE: here’s the news story


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5 thoughts on “California to legalize Cannabis – and tax it”

  1. I’m moving to California!

    Or hope that Texas gets on board. The best
    we can hope for here is probably some casinos
    going up.

    How the heck can something as toxic as alcohol
    be legal and something that grows naturally
    and has proven medical properties be illegal?

    Being a chronic pain patient, I can only
    hope that the backwards folks in Texas get
    on board some day as well.

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