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California localities may reap windfall from legal recreational cannabis use

Because of the uncertainties around pot - which is still illegal under federal law - estimates vary on the cash that can be generated in California.

San Francisco

TWENTY years after approving medical marijuana, Californians come 2018 will be able to consume it for recreational purposes too, and the localities that have reaped the most from legal cannabis sales may be best positioned for what could be a billion-dollar windfall.


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