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Old 07-21-2009, 01:01 PM
 
Location: Northern California
481 posts, read 807,315 times
Reputation: 245

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A bill to tax and regulate marijuana in CA is in the works.

The state Board of Equilization report estimates retail sales of pot would bring $990 million from a $50 per ounce fee.

About 443,000 signatures are necessary to place the Tax, Regulate and Control Cannibis Act on the 2010 ballot.

The measure would repeal all state and local laws that criminalize cannibis.

Anybody have any more details? This was in my newspaper today, from the Associated Press.
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Old 07-21-2009, 01:05 PM
 
Location: El Dorado Hills, CA
433 posts, read 1,620,209 times
Reputation: 206
So we would only be 22.6 billion dollars in debt, lol.
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