GUEST COMMENTARY-So here we are, the end of April 2018. The State law legalizing marijuana sales took effect January 1. To date, LA City has issued a total of 142 permits.
420 File News
420 FILE--Drugs and crime: The two phenomena have been linked for so long that many assume one inevitably leads to the other. Attorney General Jeff Sessions insists legalizing marijuana can inspire violent activity, while some in Colorado have linked legal pot to that state's increase in crime.
420 FILE--Though a key argument for legalizing marijuana in the United States is that it would put a tremendous and necessary dent in the domestic and global failure known as "the War on Drugs," a new analysis out Wednesday reveals that federal legalization could also raise more than $130 billion in tax revenue by 2025 while also creating more than 1.1 million new jobs.
420 FILE—(Ed Note: The LA Times headline on April 23: “LA has yet to license a single marijuana manufacturer, leaving businesses shut out of the city’s legal market.” Budget Advocate Co-Chair Jay Handal is not surprised.)
DEEGAN ON LA-Bring in the bean counters, or would that be the bud counters? Now that recreational marijuana is legal in California, thanks to overwhelming passage of Prop M that was approved by 80% of the voters last March, there will be a steady flow of new tax revenues streaming into the City and the State.
420 FILE--On the heels of a California law legalizing recreational marijuana use, which took effect Monday, Attorney General Jeff Sessions is planning to rescind the federal policy that has enabled Americans to grow, sell, and use cannabis in places where it has been legalized, without federal intervention, the Associated Press reported Thursday.