3/24/10
MARIJUANA WILL BE LEGAL NEXT YEAR
Marijuana Legalization Initiative to Qualify for Ballot Today
Today, an initiative that would legalize personal marijuana possession and allow regulated sales of marijuana to adults will qualify for California's November general election ballot. A win at the ballot would be a first of its kind in U.S. history. This is a remarkable moment in the struggle to change our decades-old marijuana policies.
Marijuana was prohibited in 1937 before most Americans had ever heard of it. Today the U.S. leads the world in marijuana consumption. Nearly 26 million Americans used marijuana last year and more than 100 million have tried it in their lifetimes. A huge commodity of the underground economy, marijuana is the nation's top cash crop, valued at $14 billion in California alone. Our state Board of Equalization has estimated we would generate $1.4 billion a year by taxing marijuana like alcohol.
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