aggregated from: Slog

State Representative Mary Lou Dickerson (D-36) filed a bill yesterday in the state house that, if passed, would legalize the possession, cultivation, and sale of marijuana. Moreover, it would tax and regulate marijuana like alcohol thereby helping salvage our state budget. Here's a glimpse at the financial potential of the bill: A 2006 study found that Washington State's pot crop has an estimated annual value of $1,030,015,000 (.pdf), so if the state applied the same tax rate to pot that we do t...

topics: budget, representative, senate, state-house, state-rep