CA Could Be First State to Legalize Marijuana Possession
California legislators are holding a hearing today on legalizing and taxing marijuana for personal use. Should they decide against it, voters may still get the final word: three initiatives are expected to garner the necessary amount of signatures to make it to the ballot.
Tax officials estimate the legislation could bring the struggling state about $1.4 billion a year, and though the bill’s fate in the Legislature is uncertain, Gov. Arnold Schwarzenegger, a Republican, has indicated he would be open to a “robust debate” on the issue.
What are the chances? [More...]
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