Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Move to Legalize Marijuana in California
#1
http://www.commondreams.org/headline/2010/03/23-5

Published on Tuesday, March 23, 2010 by The New York Times Move to Legalize Marijuana in California Sparks Fears About Drop in Prices

by Robert Mackey

A proposal to put the legalization of marijuana in California to a vote this November is causing some growers of the plant in the state to worry about a sharp drop in the value of their crop if the measure succeeds.

[Image: movetolegalize_dropinprices.jpg]Medical marijuana is displayed in Los Angeles in this August 6, 2007 file photo.(REUTERS/Mario Anzuoni/Files)
As The Los Angeles Times explained in January, when supporters of the proposed Regulate, Control and Tax Cannabis Act of 2010 turned in more than enough signatures to get the measure on the ballot, the initiative “would make it legal for anyone 21 and older to possess an ounce of marijuana and grow plants in an area no larger than 25 square feet for personal use. It would also allow cities and counties to permit marijuana to be grown and sold, and to impose taxes on marijuana production and sales.”
On Monday, The Times-Sentinel newspaper in Humboldt County, a part of Northern California known as the “Emerald Triangle” for the density of its marijuana crop, reported:
[L]ocal business people, officials and those involved in the marijuana industry are planning to meet Tuesday night and break a long-standing silence to talk about what supposedly is the backbone of Humboldt County’s economy — pot. More specifically, the meeting will focus on the potential economic effects of the legalization of marijuana.
While the local newspaper’s report on the meeting quoted the its organizer, Anna Hamilton, by name, it did not state that she was, herself, a grower of the plant — which is legal in the state only when used as medication. According to The Times-Sentinel, Ms. Hamilton “said she is ‘intimately involved’ with the marijuana industry.” That sort of coyness led Frank James to write on NPR’s news blog:
Marijuana growers tend to be a fairly secretive lot, probably even in Humboldt, so I wonder what the attendance will be like and if the Drug Enforcement Agency will be there.
Ms. Hamilton told the local newspaper that if the county’s marijuana industry prepares for legalization, there could be some positives for the area: “We have to embrace marijuana tourism, marijuana products and services — and marijuana has to become a part of the Humboldt County brand,” she said.
The ballot initiative, which is being presented in part as a way to raise tax revenues for California, is supported by Richard Lee, an Oakland businessman who makes his money selling the drug legally. Mr. Lee also founded Oaksterdam University, which trains growers.
A campaign Web site, Taxcannabis.org, prominently features the results of a 2009 Field poll that found that “legalizing marijuana and taxing its proceeds” was supported by 56 percent of those surveyed in California.
The same Web site noted that three columnists for The Orange Country Register recently included the legalization and taxation of marijuana production in a list of ideas to help California balance its books — along with calls to privatize the state’s prisons, suspend the fight against global warming and drill for oil in the waters near the state’s beaches.

Copyright 2010 The New York Times Company
"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
Buckminster Fuller
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  The Economics of Legal Marijuana - Many State's Dreams Going Up in Smoke? Peter Lemkin 1 12,787 12-01-2018, 08:22 AM
Last Post: Magda Hassan
  Uruguay legalises marijuana Magda Hassan 2 4,902 23-10-2013, 03:39 AM
Last Post: Magda Hassan
  Weedmart: Marijuana Superstores. IPOs. Reality TV. Keith Millea 0 3,321 25-01-2011, 08:35 PM
Last Post: Keith Millea
  Aggressive Marijuana Growers Busts in San Luis Obispo, California - Big Drug Importers Not Touched Peter Lemkin 3 7,016 06-01-2011, 07:38 PM
Last Post: Peter Lemkin
  Marijuana legalization defeated in California Keith Millea 2 3,828 05-11-2010, 02:35 AM
Last Post: Keith Millea
  Former surgeon general calls for marijuana legalization Magda Hassan 0 2,823 19-10-2010, 09:03 AM
Last Post: Magda Hassan
  The Great Marijuana Boom Keith Millea 2 3,755 29-07-2010, 07:52 PM
Last Post: Keith Millea
  First US marijuana cafe Keith Millea 1 3,352 17-11-2009, 12:20 AM
Last Post: Magda Hassan
  Medical Marijuana Keith Millea 11 8,994 26-09-2009, 11:51 PM
Last Post: Magda Hassan
  CA moves to legalize pot! Dawn Meredith 6 7,247 01-03-2009, 10:59 PM
Last Post: Tosh Plumlee

Forum Jump:


Users browsing this thread: 1 Guest(s)