Prisons would be emptied out from idiotic sentences for small personal use quantities, tax revenues from legal sales would do wonders for the economy, gun sales would go down for both the USA and Mexico and the drug war would be OVER when people start acting like adults instead of allowing control of our lives through a federal nanny government.
"California tax officials say a state proposal to tax and regulate marijuana like alcohol would generate nearly $1.4 billion in revenue.
A State Board of Equalization report released Wednesday estimates marijuana retail sales would bring $990 million from a $50-per-ounce fee and $392 million in sales taxes.
The bill introduced by San Francisco Democratic Assemblyman Tom Ammiano in February would allow adults to legally possess, grow and sell marijuana." - Source