Smoking Pot, Legalizing Marijuana | featured news

Young voters helped pass laws legalizing marijuana in Washington and Colorado, but many still won't be able to light up. Most universities have codes of conduct banning marijuana use, and they get millions of dollars in funding from the federal government, which still considers pot illegal.

Could marijuana be the answer to the economic misery facing California? Democratic State Assembly member Tom Ammiano thinks so. Ammiano introduced legislation last month that would legalize pot and allow the state to regulate and tax its sale — a move that could mean billions for the cash-strapped state.