Thursday, 23. July 2009

California city taxes weed to escape deficit


Against the backdrop of budget deficits across the Golden State, the Californian city of Oakland votes yes to a proposal to tax the sale of medical marijuana.

Nearly 80 percent of Oakland voters endorsed the idea to make the city the first in the United States to impose taxes on medical marijuana proceeds.

To celebrate the approval, supporters hand-rolled marijuana cigarettes at Oaksterdam University where some students train to work in the marijuana industry.

Cannabis is California's biggest cash crop. It is valued at $14 billion annually.

presstv.com High Stakes: A Call to Legalize Marijuana cnn Video

4:20 statt Spice