California and the Legalization of Marijuana
California boasts the world’s eighth largest economy, larger than even Russia. San Francisco Weekly’s Chris Roberts recently estimated the demand for legalized marijuana in California to be $2.1 billion. The estimate, initially reported at $2.1 trillion, was based on the numbers coming out of Colorado scaled to fit the Golden State. California supplies the nation with food, wine, technology and entertainment, and its politics have controlled it thusly. This year alone billionaire venture capitalist Tim Draper has financed a ballot initiative that [...]