Poll: 71% of California Voters Plan to Vote “Yes” on Cannabis Legalization in November

californiaNew polling conducted by the CALSPEAKS Opinion Research Center has found that a vast majority of voters in California plan to vote “Yes” on Proposition 64 this November to legalize cannabis for everyone 21 and older.

According to the poll, 71% of likely voters in the state are leaning towards voting in favor of the Adult Use of Marijuana Act (AUMA), which would legalize the possession of up to an ounce of cannabis, and the personal cultivation of up to six cannabis plants, for those 21 and older. The measure would also established a system of licensed cannabis cultivation centers and retail outlets.

Read morePoll: 71% of California Voters Plan to Vote “Yes” on Cannabis Legalization in November

If California Voters Legalize Cannabis in November, Market to be $6.5 Billion Annually by 2020

California VotersIf California voters give approval to Proposition 64 this November to legalize cannabis for everyone 21 and older, the legal cannabis market will be worth $6.5 billion annually by 2020, a new report has found.

According to the 2016 California Legal Cannabis Market State Profile, released by Arcview Market Research, California’s legal cannabis industry would grow from $2.76 billion in 2016, to $6.5 billion by 2020; the annual growth rate is estimated at 18.5%.

“California is the 6th largest economy in the world”, says Arcview CEO Troy Dayton. “The opportunity for jobs, tax money and wealth creation made possible by California ending marijuana prohibition cannot be overstated”.

Read moreIf California Voters Legalize Cannabis in November, Market to be $6.5 Billion Annually by 2020

Law Enforcement Group with Thousands of Members Endorses California’s Cannabis Legalization Initiative

California Cannabis InitiativeLaw Enforcement Against Prohibition (LEAP) has officially endorsed California’s Proposition 64, the Adult Use of Marijuana Act. LEAP is a group of thousands of current and former law enforcement officials including police, judges, prosecutors, and other criminal justice professionals.

“This initiative is the best chance California has to end a failed war on marijuana,” says retired Diane Goldstein, a retired Lt. Commander for the Redondo Beach Police Department. “It’s our best hope to reduce the power of cartels operating in our state, to generate much-needed resources for law enforcement, and create a new system of regulation and control that will greatly improve public health and safety for all Californians.”

Read moreLaw Enforcement Group with Thousands of Members Endorses California’s Cannabis Legalization Initiative

California’s Cannabis Legalization Initiative to be on November Ballot as Proposition 64

proposition 64It’s official: The Adult Use of Marijuana Act (AUMA) will appear on the November presidential election ballot as Proposition 64, six years after the appearance of Proposition 19.

According to its official state summary, Proposition 64; “Legalizes marijuana and hemp under state law”, “Designates state agencies to license and regulate marijuana industry”, and “Imposes state excise tax on retail sales of marijuana equal to 15% of sales price, and state cultivation taxes on marijuana of $9.25 per ounce of flowers and $2.75 per ounce of leaves.”

Read moreCalifornia’s Cannabis Legalization Initiative to be on November Ballot as Proposition 64

California Democratic Party Endorses Initiative to Legalize Cannabis

california democratic party
(Photo: TahoeDailyTribune.com)

Today, the campaign in support of the California Adult Use of Marijuana Act (AUMA), a cannabis legalization initiative that will appear on the November 2016 statewide ballot, announced that it has received the official endorsement of the California Democratic Party. This is the first time the California Democrats have endorsed a citizens initiative to legalize cannabis.

“This landmark action by the California Democratic Party underscores the responsible and consensus approach of the Adult Use of Marijuana Act and strengthens what is already the largest, most enthusiastic and most diverse coalition ever assembled in support of a marijuana legalization effort,” says Brian Brokaw, AUMA’s Campaign Manager.

Read moreCalifornia Democratic Party Endorses Initiative to Legalize Cannabis

Poll: 60% of California Voters Support Initiative to Legalize Recreational Cannabis

A new PPIC Statewide Survey has found that 60% of voters in California support the Adult Use of Marijuana Act, an initiative to legalize cannabis for adulteveryone 21 and older that advocates are currently attempting to place on this November’s presidential election ballot.

According to the poll, the initiative is supported by 69% of Democrats, 65% of independent/decline to state voters and 45% of Republicans.

“Prohibition is an abject and expensive failure”, says Jason Kinney, spokesperson for the Adult Use of Marijuana Act. “It’s time for California to lead with a new approach that better protects our children, our local communities and the public health”.

Read morePoll: 60% of California Voters Support Initiative to Legalize Recreational Cannabis

California NAACP Endorses Initiative to Legalize Recreational Cannabis

california naacpProponents of the Adult Use of Marijuana Act (AUMA) have announced today that their cannabis legalization initiative  has been formally endorsed by the California State NAACP, which is comprised of 52 branches and more than 30 youth chapters statewide. The NAACP is the nation’s oldest civil rights organization.

The California NAACP – which voted to endorse the initiative over the weekend — joins a rapidly-growing broad-based coalition of support, which already includes physicians, environmental leaders, business owners, small farmers and social justice advocates.

Read moreCalifornia NAACP Endorses Initiative to Legalize Recreational Cannabis

California: Initiative to Legalize Cannabis Gains Approval From State to Begin Circulation

californiaProponents of an initiative to legalize recreational cannabis in California announced today that they have received an official title and summary for their proposed measure, have been cleared for circulation and intend to “hit the ground running” to place their initiative on the November ballot. The proposal is being referred to as the Adult Use of Marijuana Act.

Proponents also announced the formation of an official political committee in support of the measure: Californians to Control, Regulate and Tax Adult Use of Marijuana while Protecting Children. The growing coalition in support of this measure includes business, physicians, farmers, environmental leaders and social-justice advocacy organizations.

Read moreCalifornia: Initiative to Legalize Cannabis Gains Approval From State to Begin Circulation

Legalizing Cannabis Would Result in $1 Billion in Annual Tax Revenue for California

marijuana-money-live-trading-newsLegalizing recreational cannabis in California would result in roughly $1 billion in extra tax revenue for the state, according to a new analysis released by the California Department of Finance.

The report, conducted by Department of Finance director Michael Cohen and legislative analyst Mac Taylor and reported to Attorney General Kamala Harris, states that California stands to gain around $1 billion in tax revenue if voters approved an initiative to legalize cannabis that advocates are hoping to place on this November’s ballot.

Read moreLegalizing Cannabis Would Result in $1 Billion in Annual Tax Revenue for California