Say Hello...and YES to California Proposition 19, Regulate & Tax Cannabis 2010

Proposition 19
Initiative Statute
1377. (09-0024. Amdt. #1S) - Final Random Sample Update - 03/24/10

Changes California Law to Legalize Marijuana and Allow It to Be Regulated and Taxed.

Qualified: 03/24/10

Proponents: Richard Seib Lee and Jeffrey Wayne Jones (510) 208-4554

Allows people 21 years old or older to possess, cultivate, or transport marijuana for personal use. Permits local governments to regulate and tax commercial production and sale of marijuana to people 21 years old or older. Prohibits people from possessing marijuana on school grounds, using it in public, smoking it while minors are present, or providing it to anyone under 21 years old. Maintains current prohibitions against driving while impaired. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Savings of up to several tens of millions of dollars annually to state and local governments on the costs of incarcerating and supervising certain marijuana offenders. Unknown but potentially major tax, fee, and benefit assessment revenues to state and local government related to the production and sale of marijuana products. (09-0024.) (Full Text)

Read more about the Qualified Ballot Measures here

Sacramento mulls marijuana tax, higher business fees

The City of Sacramento, California has recently been making waves and headlines similar to Los Angeles with an attempt to regulate medical cannabis collectives. The proposal, which was delayed until the end of the year for more inquiries into the local industry, would have limited the number of medicinal cannabis dispensaries to 12. A number randomly chosen by council members. Now, the city is looking at another city in California, a bit closer to home than L.A., Oakland. Sacramento is looking into the taxation of cannabis in general as we move topward possible legalization in California for responsible adults. The complete story can be found at the link below.

Sacramento mulls marijuana tax, higher business fees