Thursday, May 30, 2013

Marijuana Legalization: Colo. Gov. Hickenlooper Signs First Bills In History To Establish A Legal, Regulated Pot Market For Adults

http://www.huffingtonpost.com/2013/05/28/hickenlooper-signs-colora_n_3346798.html

15 years to late and i'm not moving to Colorado.
Article PhotoOn Tuesday, Colorado Gov. John Hickenlooper signed several historic measures to implement marijuana legalization in the state, establishing Colorado as the world's first legal, regulated and taxed marijuana market for adults.
Hickenlooper, a vocal opponent of marijuana legalization who said that "Colorado is known for many great things, marijuana should not be one of them," signed the first bills in history to establish a legal marijuana market as well as starting the development of a regulatory framework for the cultivation, distribution, and processing of industrial hemp.
"Recreational marijuana really is new territory," Hickenlooper said at Tuesday's signing. And although the governor has expressed opposition to marijuana legalization in the past, he called today's pot bills "common sense," the AP's Kristen Wyatt reported.
when it hits the stock market wonder how many shares he'll buy?  this conversation is not new unless law enforcement gets kick backs i don't know why it took so long.
. "This marks another major milestone in the process of making the much-needed transition from a failed policy of marijuana prohibition to a more sensible system of regulation."
Tvertd added: "Colorado is demonstrating to the rest of the nation that it is possible to adopt a marijuana policy that reflects the public's increasing support for making marijuana legal for adults. Marijuana prohibition is on its way out in Colorado, and it is only a matter of time before many more states follow its lead."
Colorado adults, 21 and over, will be limited to purchasing up to an ounce of marijuana for recreational use from specialty licensed retail shops that can also sell pot-related items such as pipes and accessories. Coloradans can also grow up to six plants -- with only three flowering at a given time -- in their home for personal use. Adults can possess up to an ounce of marijuana legally.
if it can make millionaires out of gangs expect billionaires in the business section. really going to be interesting how this goes from growth to dealers to retail sale to out in public.  
police reaction or over reaction is bound to happen 
because it's new, like all things it has to go through puberty.  those who oppose of this and are old school either still hung up on the early ignorance of myths like "REEFER MADNESS", others hard to admit they were wrong especially parents.who probably used themselves but tried to prevent kids from indulging.
i like the idea of the 21 year regulation but as forever fake id's and complicit older ones who would do it for a break off so many new things that will pop up hopefully common sense will prevail, interested in the politicians campaigning have to say, hypocrisy i'm sure.