Photo Credit: Official Leweb Photos
Sean Parker, the former Facebook president, donated $500,000 to the Californians To Control, Regulate And Tax Adult Use Of Marijuana While Protecting Children, a committee whose mission is to legalize recreational marijuana use for adults in California. The committee has been working to pass the Adult Use of Marijuana Act, under which it would be legal for adults 21 years or older to possess, use and buy up to one ounce of marijuana. Parker isn't just in it to protect the children, however, as he also believes that the marijuana industry will bring economic benefits to Californians.
Legislative analysts predict that the proposed 15% sales tax and additional state cultivation taxes would bring in more than $1 billion in state and local tax revenues. The campaign now needs to gather 365,880 signatures in order to qualify for November’s general election. Lets get those signatures. Remember, it's for the children.
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