Marijuana plan backed by billionaire Sean Parker on path to California ballot
Concerns that the AUMA does not go far enough with legalization and does not adequately address social justice issues
Thursday, January 7, 2016
A plan backed by Silicon Valley billionaire Sean Parker to legalize recreational use of marijuana in California is on the path to the November ballot, potentially bringing more than $1bn a year in tax revenue. The proposal, which would allow for the retail sale of marijuana to adults aged 21 and older, is one of the most highly anticipated initiatives, in no small part because California is the country’s largest economy and the eighth largest in the world. But some industry insiders are unhappy with the proposal and are withholding support. "This skews towards big marijuana," said Hezekiah Allen of the California Growers Association.