One of the most far-reaching measures is Proposition 64, which would legalize marijuana for adult recreational use. (Twenty-five states, by the way, already have medical marijuana laws. “I agree with medical marijuana 100%,” Dist. 64 would allow California to regulate and tax marijuana, much as it does medical marijuana, which has been legal here since 1996. Revenue from a 15% state excise tax, a cultivation tax on flowers and leaves and a sales tax — plus whatever taxes cities and counties might levy — would be deposited into the California Marijuana Tax Fund.

Source: Los Angeles Times August 19, 2016 10:30 UTC