I've been thinking about this for awhile now.
I am completely in favor of legalizing marijuana for adults and to tax and regulate the drug as if it were tobacco or alcohol, but legalizing marijuana will not solve the budget crisis not by a long shot. Any additional funds raised by the taxes and fees paid to the government by legal growers and sellers will be "eaten up" by the enforcement of the new regulations. Legal doesn't mean unregulated and regulation costs money.
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