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Proposition 64 Marijuana

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Proposition 64 Marijuana
Marijuana is a very prominent and controversial issue in today’s society. Although many disparaging claims have been made about cannabis in recent years, the facts are slowly starting to resurface. As it has been recently proposed in California, Proposition 64 aims to legalize marijuana under states law, for use by adults 21 or older. It aimed to impose state taxes on sales and cultivation, provide for industry licensing and establish standards for marijuana products. Additionally it allows local regulation and taxation, which would have a huge fiscal impact through the increase tax revenues that would range from hundreds of millions of dollars to over a billion dollars annually. Unfortunately, there has been controverxies on whether Prop.

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