California Assemblyman Proposes Tax On Weed

Marijuana is big business in California, estimated to be the state’s largest cash crop and a $14-billion industry. State Assemblyman Tom Ammiano has proposed legislation that would make the drug legal and regulated in a manner similar to that of alcohol. Measure AB 390 would allow people over 21 to buy, sell, and posses pot. Of course the stoner vote is all sewn up. And as the (soon-to-be-defunct) SF Chronicle reports:

[The measure] has the backing of Betty Yee, who chairs the state Board of Equalization, which collects taxes in California.

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