Good news, California

San Francisco - The Snitch - Legalize It: Ammiano to Introduce Legislation Monday to Allow Pot -- and Tax It

The story SF Weekly broke on Friday is true: Assemblyman Tom Ammiano will announce legislation on Monday to legalize marijuana and earn perhaps $1 billion annually by taxing it.

Quintin Mecke, Ammiano's press secretary, confirmed to SF Weekly that the assemblyman's 10 a.m. Monday press conference regarding "new legislation related to the state's fiscal crisis" will broach the subject of reaping untold -- and much-needed -- wealth from the state's No. 1 cash crop.

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."

The bill would additionally prohibit state and local law officials from enforcing federal marijuana laws. As for Step Two -- profit -- Ammiano's bill calls for "establishing a fee on the sale of marijuana at a rate of $50 per ounce." Mecke said that would bring in roughly $1 billion for the state, according to estimates made by marijuana advocacy organizations.


This is the start of something beautiful.

love to see this happen. especially I they only tax the purchase. I already grow my own, just makes it better.
hope 4 change!

haha!!!
California needs money BAD!!

Yes I think I'd move on down to California and do some crazy stuff. That would be extremely fun with endless possibilities.

Just as long as the Federal Government doesnt send the DEA and the National Guard to Cali.....Lets hope that Obama keeps his word.

I would hate to see the state on TV getting raided......The Feds dont like it when you give them the middle finger :wtf:

Sounds like a great idea... cutting the selling price of marijuana in 1/2 means you should sell 40% more then tax it $50 a oz

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Betty Yee, the chairwoman of the Board of Equalization, called Ammiano's proposal "a responsible measure on how to work out the regulatory framework of the legalization of marijuana." Her board's research indicated $1.3 billion in tax dollars could immediately head into the state's coffers from the fee on marijuana and the sales tax on medical pot. She figured the halving of marijuana's street price would cause a consumption increase of 40 percent, but the $50 per ounce levy would cut use by 11 percent.

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Thats awesome news,Isnt california one of those states that other states look to,like they usually try things out first and other states follow afterwards.....?
Anyhows,Thanks for the news!

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Originally Posted by StickyfingahZ

Thats awesome news,Isnt california one of those states that other states look to,like they usually try things out first and other states follow afterwards.....?
Anyhows,Thanks for the news!

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You are correct sir, with the current economic downturn many states are going to be looking for extra income wherever they can get it. An extra $1 billion annually will be almost too good to refuse. My guess is that if this goes down in Cali, a good few more states will fall also.

Hell, it might even travel across the atlantic. I freakin' hope so.

Quote:

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Originally Posted by VapedG13

Just as long as the Federal Government doesnt send the DEA and the National Guard to Cali.....Lets hope that Obama keeps his word.

I would hate to see the state on TV getting raided......The Feds dont like it when you give them the middle finger :wtf:

Sounds like a great idea... cutting the selling price of marijuana in 1/2 means you should sell 40% more then tax it $50 a oz

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If this makes it out of committee to even see a vote, and IF some how a miracle happened and it passed, then it might get very scary out here fast as per the federal government, w/ Obama....o. But really I don't think it will pass, it is not very responsible really to pass laws that completely undermine federal laws, it's pointless. So then you just wing it and hope the fed doesn't get you. That's not the right way. If Obama was worth the sweat on my nuts, he would come out ahead of this and ask congress or his AG, (ha ha) to remove cannabis from the sched, thus allowing states to control and regulate as they see fit. That's it period, then just walk away and leave it be. The states in 3 years, would have it all figured out on their own.
But that is fantasy land.:mad:
Before that would happen, we would see Obama's Federal Police Elite Units, going from home to home like it was fucking urban warfare in far off countries, except it will be here. Get your guns now if you don't gott'em folks.
But most likely, it won't pass. I would think it would be optomistic to think that it would get a vote, at best.
Keep Hoping
Hope HOPe
Nope
Change?
Nope.:jointsmile: