Tom Ammiano is seemingly the first politician to realize that Marijuana should be legalized for the greater good. Or if you prefer a more reasonable explanation, California is broke and has a deficit of nearly 42 billion or so. How does Cali plan to solve this conundrum?
Beats me, In fact I doubt that they ever will. But they can legalize Weed to raise some revenue due to California Assembly Bill 390, known as the Marijuana Control, Regulation, and Education Act is the first bill ever introduced to legalize the sale and use of marijuana in California.
Here is how the revnue/taxation breaks down:
$1 billion: in annual revenue by taxing the retail production and sale of marijuana for adults 21 years of age and older.
$5,000: To obtain a commercial grow license.
$2,500: Fee each subsequent year.
$50: Tarriff for an Ounce would also be placed on all sold and grown marijuana.
By the way, Marijuana is California's number one cash crop, compared to other crops:
Marijuana ($14-billion)
Vegetables ($5.7 billion)
Grapes ($2.6 billion)
Take that Vegetables and Grapes!
Tom Ammiao, you sir are truly one of a kind, I guess the Pharma and Liquor lobbies have yet to brain wash him, here is his reasoning for introducing the bill: “With the state in the midst of an historic economic crisis, the move towards regulating and taxing marijuana is simply common sense. This legislation would generate much needed revenue for the state, restrict access to only those over 21, end the environmental damage to our public lands from illicit crops, and improve public safety by redirecting law enforcement efforts to more serious crimes, California has the opportunity to be the first state in the nation to enact a smart, responsible public policy for the control and regulation of marijuana"
WOW! He even cares about the environment, what a mench!
Lets hope the California State Assembly agrres with me.
How can they say no?
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