Interesting...
San Francisco Democratic Assemblyman Tom Ammiano introduced a bill in February would allow adults 21 and older to legally possess, grow and sell marijuana.
The bill would legalize cannabis possession and tax it at $50 per ounce, most likely on the wholesale level, to raise an estimated $990 million for California, plus another $392 million from the sales tax.
Hearings are expected to begin in the fall.
Full article here.