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Pot could go from nearly $400 an ounce to around $40 in California if legalization measure is successful.

Billionaire investor George Soros endorses California's marijuana legalization initiative, vows contribution - wsj

The results of a series of randomized, placebo-controlled clinical trials assessing the efficacy of inhaled marijuana consistently show that cannabis holds therapeutic value comparable to conventional medications, according to the findings of a 24-page report issued earlier today to the California state legislature by the California Center for Medicinal Cannabis Research (CMCR).

(Sacramento, California) — Today, the California Council of Churches IMPACT, which represents 21 different denominations and over 1.5 million members within the mainstream and progressive Protestant communities of faith, endorsed Proposition 19, the initiative to control and tax cannabis in California.

The Cannabis Information Network Weed Not Greed marijuana legalization tour will be promoting awareness of marijuana/hemp uses and advocating for the repeal of marijuana prohibition. This cross country tour will start at the Seattle Hempfest and end in Washington, DC. Along the way we will be making stops to rally indifferent cities and to promote awareness to the benefits of hemp and cannabis. Please help us make the dream of marijuana legalization a reality by supporting our cause.

The last decade and a half have been good to marijuana (or kind to bud, if you go for that kind of joke). More and more states have passed medical marijuana laws since California blazed the path way back in 1996, and just last year, Colorado became the first state to legalize marijuana for recreational use. That was a dream come true for both proponents of legalization at the federal level and the long-suffering residents of Colorado, who have absolutely nothing else to do but smoke pot...

Daily News @ http://RevolutionNews.US ~ California may back new state debt with marijuana taxes if proposition 19 legalizing the drug passes, according Amy Resnick of Bond Buyer.

Resnick cites attendees at California Public Finances Conference who are suggesting the market would accept the plan, if it is legalized.

Facebook co-founder Dustin Moskovitz donated $70,000 to support Proposition 19 in California, Facebook-er Sean Parker also gave $100,000.

"Victoria Kolakowski, a current sitting law judge at the California PUC, is running for Alameda Superior Court judge in California. As part of her campaign she is robodialing people in California with a pre-recorded message.