
Compared to the nearest agricultural rival commodity, milk and cream, which rakes in $7.3 billion a year. If statistics are accurate the taxation on the black-market crop could bring in approximately $1.3 billion annually in much needed revenue, while at the same time reducing millions of dollars spent in enforcing marijuana prohibition. The proposition comes in toe of a recent study conducted by the Ohio State University which claimed that marijuana could help fight Alzheimer’s.
"The state of California is in a very, very precipitous economic plight. It's in the toilet," says Ammiano. "It looks very, very bleak, with layoffs and foreclosures, and schools closing or trying to operate four days a week. We have one of the highest rates of unemployment we've ever had. With any revenue ideas, people say you have to think outside the box, you have to be creative, and I feel that the issue of decriminalization of marijuana fits that bill. It's not new, the idea has been around, and the political will may infact be there to make something happen."

The out-of-the-box creativity mentioned by Mr. Ammiano isn't being shared by many of his fellow statesmen. Opponents say that legalization of marijuana would only add to social woes. "The last thing we need is yet another mind-altering substance being legalized," says John Lovell, lobbyist for California Peace Officers' Association. With California taking the lead in marijuana legalization, especially strong spinoff benefits could be expected. For instance, Amsterdam-style coffeehouses would create jobs and be a magnet for tourism. However, everyone isn't thrilled about California becoming a hub for pot-smokers.
Eric Voth, chairman of the Institute on Global Drug Policy, believes advocates of legal marijuana are exploiting the country's economic condition to advance their agenda, despite evident risks. Pointing to alcohol and tobacco, which are taxed, he says the result revenue hardly compensates for the public health damage wreaked by these substances, with the most dramatic effects caused by spill over usage among youth.

As Ammiano puts it, "How California goes, the country goes." Though how many in the country agree with Mr. Ammiano is debatable. Do note that right now marijuana is still illegal in the state of California, so we advise not to load bails of marijuana onto your pickup truck.

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