Congress gives Sessions $0 to go after states with medical marijuana laws (Rohrabacher-Farr amendment)
Just a question since I haven't really followed marijuana legalization too closely.
The legalization of recreational marijuana in California is kind of a big deal for the legalization effort right?
California is the world's 6th largest economy, so legalization there is bound to have a massive financial impact on the marijuana industry and California itself. I mean, I've seen some estimates that put the tax revenue gained by this measure in the billions. Not to mention the indirect benefits of reduced criminal justice costs, increased tourism, and jobs.
Isn't this a death knell to the prohibition movement? The effects of legalization in California are going reverberate throughout the country, no?
I would think that's a good analysis, yes. I'm not sure what the status of California's industry is right now. (Is it even legal yet?) But if California is anywhere near as successful as Colorado was, weed will be a very, very difficult thing to touch.
I believe California's recreational marijuana law goes into effect in 2018.
