Tuesday, August 3, 2010

Oakland Becomes the FIRST in the Nation to Approve The Regulation of Industrial Marijuana Facilities

The City of Oakland last week became the first City in the Nation to approve the creation and regulation of 4 Industrial Marijuana production facilities. Marijuana would be grown, packaged, and processed for the 4 Medical Marijuana Dispensary's in the City. This measure was also enacted by keeping in mind Proposition 19, which is the Regulate, Control, and Tax Cannabis Act of 2010. The Proposition if passed, will Legalize Marijuana and allow state and local governments to regulate and tax the plant. It will be on the Statewide ballot this November 2nd, 2010. The City of Oakland will also require the privately owned Warehouses they license, to have $3 million dollars worth of insurance, hire Security Staff, and pay $211,000 in a permit fee each year. The City of Oakland will also vote this Fall on similar regulations to regulate small scale grow facilities. Other cities like Berkley, Sacramento, and Long Beach are discussing similar proposals. First the Oaksterdam District and now this. Oakland seems to embrace that Marijuana is not very harmful and will be legalized soon, rather then later. So they are Cashing in. Way to go Oakland.

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