​A bill to legalize, tax and regulate marijuana like alcohol was reintroduced today in the California Assembly.

Assemblyman Tom Ammiano (D-San Francisco) reintroduced the legislation, A.B. 2254, which would create a regulatory structure similar to that used for alcoholic beverages. The bill would permit taxed sales to adults, while prohibiting sales to or possession by those under 21.

Marijuana is California’s largest cash crop, with an estimated value of $14 billion in 2006, nearly twice the combined value of the state’s number two and three crops, vegetables and grapes.





​”The fact that California’s largest cash crop continues to go untaxed and unregulated is astounding, especially in such tough economic times,” said Aaron Smith, California policy director for the Marijuana Policy Project.