clayinaustin
Charter Member
I have been saying this for years! Why spend billions losing the war on drugs, when the government can make millions by making it legal and taxing it?
Can Marijuana Help Rescue California's Economy?
Pot is, after all, California's biggest cash crop, responsible for $14 billion in annual sales, dwarfing the state's second largest agricultural commodity - milk and cream - which brings in $7.3 billion annually, according to the most recent USDA statistics. The state's tax collectors estimate the bill would bring in about $1.3 billion in much-needed revenue a year, offsetting some of the billions in service cuts and spending reductions outlined in the recently approved state budget.
A few days after he introduced the bill, U.S. Attorney General Eric Holder announced that states should be able to make their own rules on medical marijuana and that federal raids on pot dispensaries in California would cease.
Can Marijuana Help Rescue California's Economy?
Pot is, after all, California's biggest cash crop, responsible for $14 billion in annual sales, dwarfing the state's second largest agricultural commodity - milk and cream - which brings in $7.3 billion annually, according to the most recent USDA statistics. The state's tax collectors estimate the bill would bring in about $1.3 billion in much-needed revenue a year, offsetting some of the billions in service cuts and spending reductions outlined in the recently approved state budget.
A few days after he introduced the bill, U.S. Attorney General Eric Holder announced that states should be able to make their own rules on medical marijuana and that federal raids on pot dispensaries in California would cease.