The Audacity of Dope – no, not Obama’s past drug problems, but California’s largest cash crop

Olympic swimmer Michael Phelps has made marijuana a popular topic. He was photographed smoking from a bong, lost corporate sponsorships, and was suspended from the sport as a result. But celebrities aren’t the only ones thinking about dope.

Some legislators in California have pot on their minds, too. That’s because the government of the biggest economy in the United States is facing a massive budget deficit whose pain would be alleviated by decriminalizing marijuana.

California’s current deficit stands at a whopping $15 billion and is expected to reach $42 billion next year. And the state run by Gov. Arnold Schwarzenegger has virtually run out of cash. It recently delayed $3.5 billion of payments to taxpayers and counties.

Marijuana is California’s largest cash crop. It’s valued at $14 billion annually, or nearly twice the value of the state’s grape and vegetable crops combined, according to government statistics. Indeed, a recent report pegged marijuana as two-thirds of the economy of Mendocino County, a ganja hotbed north of San Francisco. That’s not surprising—it costs $400 to grow a pound of pot that can sell for $6,000 on the street.

No TweetBacks yet. (Be the first to Tweet this post)

February 23, 2009 · Filed Under Uncategorized


Comments