Possible Major Speed Bump on the Way to Legal Marijuana
Continued from previous page
DA Cooley's first targeted dispensary is "Organica," in Culver City, according to Mercury News.
"We have our strategy and we think we are on good legal ground," Cooley said, the LA Times noted.
Marijuana is California's most valuable cash crop, responsible for over $14 billion in annual sales, according to Time magazine. If legalized and taxed, it could produce $1.3 billion or more in revenues for the state, California tax collectors have estimated.