California Marijuana Proposal

Fresno, Calif The State Board of Equalization report estimates marijuana retail sales would bring $990-million dollars from a $50-dollar per-ounce fee and $392-million in sales taxes.

The bill introduced by a San Francisco democrat last February would allow adults 21 and older to legally possess, grow and sell marijuana. The bill has been promoted as a way to help bridge the state's more than $26-billion dollar budget shortfall.

The legislation would require all revenue from the sale of pot to be used for drug education and rehab programs.

      MORE POLITICS NEWS | TWEET@ABC30 | FREE ABC30 WIDGET
-----------------------------------------------------------------------------------------------
Sign up for Breaking News Alerts
Breaking News E-Mail Alerts | Text Message Alerts
-----------------------------------------------------------------------------------------------
More News on abc30.com
Local California/State | National/World | Weather | Entertainment | Business | | Sports | Health Watch | Consumer Watch | Mr. Food |
-----------------------------------------------------------------------------------------------

Copyright © 2024 KFSN-TV. All Rights Reserved.