California predicts 1M pounds of marijuana sales in first year

SACRAMENTO — Before California voters passed a ballot measure legalizing marijuana for recreational purposes, Gov. Jerry Brown (D) warned of the dangers of importing Colorado’s “Rocky Mountain high.” But as Brown prepares to leave office, his constituents apparently had no such qualms.

The state Department of Finance expects Californians to purchase nearly 1 million pounds of marijuana over the first full budget year of legalization, between July 1, 2018, and June 30, 2019.

That would amount to $3.4 billion in recreational retail sales in the first full year, and $643 million in tax revenue for the state.

If California is like the other states where recreational marijuana use is legal, those estimates are likely to be lower than actual sales and revenue.

Finance staffers consulted with their counterparts in Colorado, Washington and other states where marijuana is already legal to arrive at their estimates, said H.D. Palmer, a department spokesman. Those states almost all underestimated the amount of marijuana businesses would sell in initial months.

And California’s Finance Department estimates project slower growth in the recreational market than other states experienced. Colorado’s recreational market grew by 40 percent per year over the first three years of legalization, and Washington’s grew by 50 percent. The Finance Department estimated California’s recreational market would grow by 22 percent per year. …

Click here to read the full article from the Hill

 

A Big Week for the Stupid and the Ugly

There’s an old saying that Hollywood is Washington, D.C., for stupid people and Washington, D.C.,  is Hollywood for ugly people. The truth of that adage was on full display last week, first with the Academy Awards and then with the Democrat reaction to President Trump’s speech to a joint session of Congress.

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First up were the stupid, with Hollywood’s annual orgy of self-love and awards for movies nobody wants to see. Best picture winner “Moonlight” earned a place on the Oscar honor roll, but like so much of modern Hollywood is there because of its political message not its quality. “La La Land” was favored to win as it is the stereotype of films Hollywood likes – those that glorify Hollywood and make it look noble.

Sadly for “La La” boosters it was in competition with the one genre that trumps (pun intended) Hollywood egomania – political correctness – in a movie about a young black homosexual. Had the producers of “Moonlight” added being a one legged, illegal immigrant hunchback to the character the movie might have been a unanimous choice for best picture.

As it is, “Moonlight” will get a brief box-office bump and then disappear like so many of its predecessors. Doubt me?  Quick – what is the name of last year’s best picture winner? No fair Googling. It was “Spotlight.” How bout 2014’s winner? It was “Birdman,” which at least had the virtue of a subtitle exquisitely appropriate for the Hollywood glitterati, “The unexpected virtue of ignorance.”

All this folds in nicely with Hollywood’s contempt for average Americans as evidenced by their deranged hatred of President Trump. While there were no Meryl Streep-ish long-winded “Trump is either Hitler’s grandson or Satan’s spawn” diatribes, you weren’t really an A-lister if you didn’t include some anti-Trump snark in your remarks. The basket of deplorables has taken notice however, and it is extracting its revenge where it will hurt most, at the box office. Ticket sales slumped last year for the third year in a row and the seventh out of the last 10. This year’s Oscar ceremony was the third least-watched in the last 20 years.

Anyone familiar with Ronald Reagan’s movie career knows that the anti-American left has deep roots in the entertainment industry. Reagan himself credited his strong anti-Communism with his experience of watching the Reds operate in Hollywood. A vignette on this even closer to home involves my father, who in the mid-1930s was endeavoring to become a music editor at MGM. A prerequisite for that position was membership in the craft union, International Alliance of Theatrical Stage Employees. He was told by his immediate superior that he would have his IATSE card the day after he showed his membership card in the Communist Part USA. My father went around his boss, who soon after found himself exiled from the MGM lot, very likely thanks to the personal intervention of L.B. Mayer or Irving Thalberg, both strong conservatives. My father became a successful music editor and for 15 years or so an Academy member. He had no interest in attending the actual ceremony, commenting that “the only thing emptier than the words on the stage are the heads in the audience.” True that. Hollywood the stupid has hated America for a long time.

Two days after the stupid had their moment in the sun, the ugly took center stage for President Trump’s speech to a joint session of Congress. In what must fairly be ranked as one of the 10 best speeches ever given from that podium, President Trump hit a grand slam home run. Every network’s polling after the speech showed majorities between 65 percent and 75 percent approving of the speech.

What equally large majorities most definitely did not approve of was the open disrespect shown Carryn Owens, the widow of Navy Seal Ryan Owens or the white-out stunt of female Democrats. It was ugly. Prominent Democrats including Elizabeth Warren, Debbie Wasserman Schultz and Keith Ellison apparently think that refusing to stand and applaud the recently widowed wife of a Navy Seal is the path back to relevance for Middle America. If ignorance is bliss these folks must be ecstatic.

Providing unintended humor was the all-white attire of several dozen women Democrats. When I first noticed the bloc on television I assumed a convention of ice cream salespeople had been let into the House Chamber. After a close-up of Nancy Pelosi it became clear that it was the winners division of the Nurse Ratched look-a-like contest.

Disrespecting the widow of a military hero, having the girls play “dress-up,” refusing the shake the president’s hand, etc. showed the Democrats in D.C. can one-up their soulmates in Hollywood. They can be both ugly and stupid.

These antics can be infuriating but should not be discouraging or frustrating. Every day the ugly and stupid don’t wise up is another day of alienating average Americans and another day toward success for President Trump and the Republicans. So keep this under your hats.

Bill Saracino is a member of the Editorial Board of CA Political Review.