A proposal to put the legalization of marijuana in California to a vote this November is causing some growers of the plant in the state to worry about a sharp drop in the value of their crop if the measure succeeds.
As The Los Angeles Times explained in January, when supporters of the proposed Regulate, Control and Tax Cannabis Act of 2010 turned in more than enough signatures to get the measure on the ballot, the initiative “would make it legal for anyone 21 and older to possess an ounce of marijuana and grow plants in an area no larger than 25 square feet for personal use. It would also allow cities and counties to permit marijuana to be grown and sold, and to impose taxes on marijuana production and sales.”
