California Psilocybin Legalization Initiative Would Save State Millions In Enforcement Costs, Official Analysis Says

MJmooment

A proposed ballot measure to legalize psilocybin in California would save the state millions in enforcement costs and also generate state and local tax revenue, the nonpartisan Legislative Analyst’s Office (LAO) recently concluded. However, the officials also tempered expectations by pointing out that setting up the regulatory scheme for a legal psilocybin market could initially cost millions. But that could “eventually be partially or fully offset by fee revenue.” Most of the LAO report, which was published on Wednesday, outlines the main provisions of Decriminalize California’s psychedelics reform measure, which activists hope to place before voters on the November 2022 ballot. It would be a historic policy change, making California the first in the nation to broadly legalize psilocybin mushrooms for medical and recreational purposes. Oregon voters approved a first-of-its-kind initiative last year to legalize the entheogen for therapeutic use alone. Decriminalize California’s measure—titled the California Psilocybin Initiative—would legalize the “personal, medical, therapeutic, religious, spiritual, and dietary use of Psilocybin Mushrooms” for adults 21 and older. Further, the initiative would allow for the cultivation, retail sale, social sharing and on-site consumption of the psychedelic. LAO said the measure “would reduce ongoing costs to the state and local governments by reducing the number of people convicted of psilocybin offenses incarcerated in state prison and county jail, as well as the number placed under community supervision (such as county probation).” “In addition, the measure would result in a reduction in state and local costs for the enforcement of psilocybin-related offenses and the handling of related criminal cases in the state court system,” it said. “In total, the reduction in costs would likely not exceed a few million dollars annually.” The office also pointed out that any money saved in enforcing the current criminalization of mushrooms “would likely be redirected to other law…

Excerpt only …
READ MORE BELOW
Source : California Psilocybin Legalization Initiative Would Save State Millions In Enforcement Costs, Official Analysis Says

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.