Breaking News

California, 7 Other States to Vote on Legalization of Marijuana
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

130814195816-01-marijuana-horizontal-large-gallery

Summary: California and seven other states will decide on November 8 whether or not to legalize marijuana– recreationally, medicinally, or both.

California will once again vote to legalize recreational marijuana. On Nov. 8, the Golden State will join Nevada, Arizona, Massachusetts, Maine, Florida, Missouri, and Arkansas in the list of states deciding to either legalize weed for medical or recreational purposes.

  
What
Where


California, the most populous state in the country, “is the linchpin for hemispheral legalization,” according to Allen St. Pierre, executive director of the National Organization for the Reform of Marijuana Laws (NORML). He stated that he hoped a win for marijuana in the state will trigger a snowball effect throughout the country. The state already allows medicinal use, and it was the first state to legalize in 1996. However, the allowance of recreational use has still not passed.

If California recreational marijuana is deemed legal, it would be given a 15% sales tax with another tax imposed on growers. Dale Gieringer of NORML told CNN this could bring in $1 billion in tax revenue and reduce law enforcement costs by $100 million. He made his statements based on the assumption that legalized marijuana would bring in $7 billion in retail sales.

In Colorado, where recreational and medicinal marijuana use is legal, retail sales in 2015 brought the state $42 million. While California’s last recreational law failed to pass in 2010, Colorado, Washington, Oregon, and Alaska showed their progressive sides and were richly rewarded financially.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Currently, 19 states allow medicinal pot use and 18 other states have partial laws or laws pending. Despite state autonomy, the federal government views marijuana use as illegal, which means weed cannot be moved across state lines and banks refuse to handle marijuana-related accounts. Thus, many pot dispensaries are cash-only businesses.

Do you believe marijuana should be legalized in more states or federally? Let us know in the comments below.



Source: CNN

Photo courtesy of CNN



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

General Municipal Law Attorney with land use experience

USA-CA-Oakland

Oakland office of our client seeks general municipal law attorney with experience advising public ag...

Apply Now

Mid-level Restructuring Attorney with bankruptcy experience

USA-DC-Washington

Washington, D.C. office of our client seeks mid-level restructuring attorney with 4-6 years of exper...

Apply Now

Senior Land Use Attorney with experience

USA-CA-San Francisco

San Francisco office of our client seeks senior land use attorney with 7+ years of experience. The c...

Apply Now

Employment, Labor and OSHA Attorney with 3-6 years of experience

USA-TX-Dallas

Dallas office of our client seeks employment, labor and OSHA attorney with 3-6 years of experience. ...

Apply Now

RELEVANT JOBS

Attorney

USA-CA-San Francisco

As an in-house legal counsel at Wix’s legal department, you will play a significant role in de...

Apply now

Attorney

USA-MO-Kansas City

Successful, expanding KC personal injury law firm seeks an attorney with 5+ years personal injury li...

Apply now

Civil & Business Litigation / Transactional Attorney

USA-CA-Clovis

Law firm with primary emphasis in Business & Civil Litigation and transactional work, seeks confiden...

Apply now

CIVIL LITIGATION ATTORNEY - Employment

USA-CA-Fresno

Lang, Richert & Patch a Fresno area AV-rated law firm located in the highly desirable Fig Garden Fin...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top