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| Forums > IC Magazine > USA Cannabis Scene: State By State > California > CNN Article: Can MJ save California's economy? | ||
| CNN Article: Can MJ save California's economy? | Thread Tools |
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The revolution will not be televised.....
Join Date: Jan 2007
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CNN Article: Can MJ save California's economy?
Can Marijuana Help Rescue California's Economy?
Actually a Yahoo news article. https://www.yahoo.com/s/1043023
Could marijuana be the answer to the economic misery facing California? Democratic State Assembly member Tom Ammiano thinks so. Ammiano introduced legislation last month that would legalize pot and allow the state to regulate and tax its sale - a move that could mean billions for the cash-strapped state. 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. "The state of California is in a very, very precipitous economic plight. It's in the toilet," says Ammiano. "It looks very, very bleak, with layoffs and foreclosures and schools closing or trying to operate four days a week. We have one of the highest rates of unemployment we've ever had. With any revenue ideas people say you have to think outside of the box, you have to be creative, and I feel that the issue of the decriminalization, regulation and taxation of marijuana fits that bill. It's not new, the idea has been around, and the political will may in fact be there to make something happen." Ammiano may be right. 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. The move signaled a softening of the hard-line approach previous administrations have had to medicinal pot use. The nomination of Gil Kerlikowske as the head of the Office of National Drug Control Policy may also signal a softer federal line on marijuana. If he is confirmed as the so-called Drug Czar, Kerlikowske will bring with him experience as police chief of Seattle, where he made it clear that going after people for posessing marijuana was not a priority of his force. California was one of the first states in the nation to legalize medical marijuana in 1996. Currently, $200 million in medical marijuana sales are subject to sales tax. If passed, the Marijuana Control, Regulation and Education Act (AB 390) would give California control of pot in a manner similar to alcohol, while prohibiting its purchase to citizens under age 21. (The bill has been referred to the California State Assembly's Public Safety and Health Committees; Ammiano says it could take up to a year before it comes to a vote for passage.) State revenues would be derived from a $50 per ounce levy on retail sales of marijuana and sales taxes. By adopting the law, California could become a model for other states. As Ammiano put it: "How California goes, the country goes." Despite the projected and much-needed revenue, opponents say legalizing pot will only add to social woes. "The last thing we need is yet another mind-altering substance to be legalized," says John Lovell, lobbyist for the California Peace Officers' Association. "We have enough problems with alcohol and abuse of pharmaceutical products: do we really need to add yet another mind-altering substance to the array?" Lovell says the easy availability of the drug will lead to a surge in its use, much like what happened when alcohol was allowed to be sold in venues other than liquor stores in some states. Joel W. Hay, professor of Pharmaceutical Economics at USC, also foresees harm if the bill passes. "Marijuana is a drug that clouds people's judgment. It affects their ability to concentrate and react and it certainly has impacts on third parties," says Hay, who has written on the societal costs of drug abuse. "It's one more drug that will add to the toll on society. All we have to do is look at the two legalized drugs, tobacco and alcohol, and look at the carnage that they've caused. [Marijuana] is a dangerous drug and it causes bad outcomes for both the people who use it and for the people who are in their way at work or other activities." He adds: "There are probably some responsible people who can handle marijuana but there are lots of people who can't, and it has an enormous negative impact on them, their family and loved ones." In response, retired Orange County Superior Court Judge James Gray, a longtime proponent of legalization, estimates that legalizing pot and thus ceasing to arrest, prosecute and imprison non-violent offenders could save the state an additional $1 billion a year. "We couldn't make this drug any more available if we tried," he says. "Not only do we have those problems, along with glamorizing it by making it illegal, but we also have the crime and corruption that go along with it." He adds, "Unfortunately, every society in the history of mankind has had some form of mind-altering, sometimes addictive substances to use, to misuse, abuse or get addicted to. Get used to it. They're here to stay. So, let's try to reduce those harms and right now we couldn't do it worse if we tried."
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"As Wall Street goes, so goes the nation. And here's a look at the closing numbers – racism's up, human rights are down, peace is shaky, war items are hot - the House claims all ties. Jobs are down, money is scarce – and common sense is at an all-time low with heavy trading." - GSH When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car. |
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Bandaid
Join Date: Jul 2007
Location: Full Circle
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This is the 3rd most viewed article @ time.com. I wonder if it ends up in the magazine.
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I'm just a soul whose intentions are good. Oh, Lord. Please don't let me be misunderstood. |
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growin my OWN
Join Date: Nov 2004
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i smoke cuz it gets ya high,not cuz it the thing ta do cuz it gets ya high ya dig ![]() Jack Herer R.I.P Hunter S. Thompson Richard Pryor and all the rest lost great ones Peace Love & happines
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The revolution will not be televised.....
Join Date: Jan 2007
Location: Down on the corner, out here in the street
Posts: 2,905
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Gettin alot of publicity! I think other states will view this as a watershed moment for themselves. They will see how Cali. goes and if it creates a large tax base immediately and successfully, states will immediately start looking to do the same. If it dies I think they will move in their own directions. Good and bad.
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"As Wall Street goes, so goes the nation. And here's a look at the closing numbers – racism's up, human rights are down, peace is shaky, war items are hot - the House claims all ties. Jobs are down, money is scarce – and common sense is at an all-time low with heavy trading." - GSH When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car. |
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Member
Join Date: Mar 2007
Posts: 164
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Nice development, seems like the debate is lighting up in the US. It will be very interesting to see if states begin to legalize while the federal government assert non-intervention and rule of state law.
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Instant Zen
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Senior Member
Join Date: Dec 2006
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If you're not outraged, you're not paying attention. "Comrades!" he cried. "You do not imagine, I hope, that we pigs are doing this in a spirit of selfishness and privilege? Many of us actually dislike milk and apples. Milk and apples (this has been proved by Science, comrades) contain substances absolutely necessary to the well-being of a pig. We pigs are brainworkers. The whole management and organization of this farm depend on us. Day and night we are watching over your welfare. It is for your sake that we drink that milk and eat those apples. Surely, comrades, surely there is no one among you who wants to see Jones come back?" The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which. |
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Member
Join Date: Jul 2008
Posts: 164
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you hit the nail on the head marx2k
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Ski Bum Rodeo Clown
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Location: The Misty Mountains
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the more pro-pot national media attention the better. go weed wooot
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Grow thread. https://www.icmag.com/ic/showthread....04#post7552204 Quote:
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