California Treasurer Calls Voter-Approved Marijuana Legalization Law A ‘Complete Failure’ That Should Be Replaced With A New Ballot Initiative
California’s marijuana legalization law that voters approved a decade ago has been a “complete failure” and should be replaced with a new ballot initiative that prioritizes consumers and small businesses, the state’s treasurer says. At a hearing she convened on cannabis industry banking challenges on Wednesday, Treasurer Fiona Ma (D) heard from multiple officials, financial […]