You still hung up on that?Except for the part of taxing Cannabis atleast $50 per ounce. Errr wrong sorry, it's trash.
So stupid since 90% of us wouldn't even come close to a taxable situation. Sure, pharma and other industries will be paying that tax and I can definitely see it being knocked down lower within a year.
Best thing to come down the pike since 215 and you're hung on a tax. Lame.
Oh, and in case anyone is confused.... the California Cannabis Initiative 2010 is NOT the Oaksterdam initiative.