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California could become the first state in the nation to legalize marijuana under Proposition 19 - a ballot initiative that would regulate and tax pot just like alcohol. The marijuana industry is estimated to be worth $14 billion in California, making it the largest cash crop in the state. The prospect of legalizing pot and commercializing its sale, has many believing the Golden State could find its way out of an economic slump as the marijuana state. KPBS takes a look at who stands to lose and who stands to gain if Proposition 19 passes.
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Why will California voters become the deciders on whether recreational marijuana should be legal and taxed? That's Prop 19 on your November ballot. Learn the details of the ballot measure.
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The prospect of legalizing California's $14 billion marijuana industry has many believing the Golden State could find its way out of an economic slump as the marijuana state. Find out who stands to win and lose if the underground pot business goes above-ground.
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The San Diego Board of Supervisors took a stand this week on legalizing marijuana in California. They're opposed. Unanimously. But drive a few hundred miles north and visit the Oakland City Council. They voted in favor of legalization. Unanimously.
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