Wednesday, October 6, 2010

How California is leading the marijuana movement

Time.com:

Next month, Californians will vote on Proposition 19: the Regulate, Control and Tax Cannabis Act of 2010. Prop 19 would make recreational use of marijuana entirely legal — and allow cash-strapped cities to raise funds by taxing it. Completely legalizing pot may sound like a radical idea, but not to the people who are actually going to decide: the latest Public Policy Institute of California poll found that 52% of likely voters support Prop 19, with just 41% who oppose it.

In fact, Prop 19 is polling better than Senator Barbara Boxer or her Republican opponent, Carly Fiorina. It is also outpolling the gubernatorial candidates, Democrat Jerry Brown and Republican Meg Whitman. It is gaining support as the election grows nearer — and it has the backing of the state Service Employees International Union, perhaps the state's most powerful union.

One of the main arguments for rethinking marijuana laws is economic. A new study by the libertarian Cato Institute found that turning cannabis into a regulated commodity would save $8.7 billion in law-enforcement costs annually, while generating $8.7 billion in revenue.


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