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

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.
VapedG13 Reviewed by VapedG13 on . 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 Rating: 5