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Home blog Drug Crimes Lots of Green Behind New California Marijuana Initiative

Lots of Green Behind New California Marijuana Initiative

By Michael Guisti on March 25, 2016

When it comes to weed, Silicon Valley is no stranger to the green stuff. Undoubtedly, the tech-hub is probably one of the biggest consumers of marijuana in the state. So, it should come as no surprise that a major player in the online world is backing a measure to get pot legalized.

The former president of Facebook, Sean Parker, has donated half a million dollars to a recently formed committed entitled Californians To Control, Regulate And Tax Adult Use Of Marijuana While Protecting Children. This comes on the heels of the state attorney general’s approval of the Adult Use of Marijuana Act, which may end up on the ballot this November.

The proposed measure would allow adults over the age of 21 to purchase, possess, and use up to one ounce of marijuana. There would also be a 15% sales tax imposed upon all transactions, along with additional taxes aimed at growers and distributors. If the recent pot-boom in Colorado is any indication, the state could receive a billion dollar shot in the arm within a year. Folks like Mr. Parker are certainly encouraged by all the work that has been done so far and hopes that the new reforms will “yield economics benefits for all Californians.”

But, until the new measure is in place possessing or distributing marijuana is still a crime in Orange County. So, if you have been arrested for using or growing pot, give the Law Office of Michael L. Guisti a call today.

You can reach us at (888) 478-8999.


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