California became the first state in the United States of America to legalize marijuana in 1996. It happened at a time when the state was struggling to address it’s swelling budget deficits, At which point California medical marijuana laws appeared as attractive ways of raising revenue for the state.
It is estimated that California marijuana laws bring at least $1.2 billion in tax revenues besides saving approximately $200 million in enforcement costs for arrests, prosecution, and prison. As a result, California medical marijuana laws also promote employment and spin-off industries such as coffeehouses, tourism and industrial hemp. Moreover, legalized status for marijuana encourages produ…