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(Image from article: "Pro-marijuana ad pushes pot as Calif. budget fix")

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Taxing Pot Would Generate $1.4 Billion in California

President Obama, Governor Schwarzenegger and other esteemed politicos may routinely distance themselves from the potential windfall that would accompany legalizing and taxing cannabis, but amid California's latest and deepest financial crisis the state Board of Equalization has tagged a whopping revenue figure to such a notion.

Pro-marijuana ad pushes pot as Calif. budget fix

A pro-marijuana group is launching another television bid to legalize pot in California — this time with the pitch that legalizing and taxing the drug could help solve the state's massive budget deficit.

Taxing pot could become a political toking point

An Assemblyman from San Francisco argues that it's time to tax and regulate the state's biggest cash crop in the same manner as alcohol. Opponents say it would create new costs for society.

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