CLEAN : In California hopes for green rush with advent of legal pot

The video discusses the introduction of recreational and medicinal cannabis sales in California, effective January 1st. It highlights the economic impact, with a projected $7 billion industry in the first year, and details the tax structure, including state and local taxes. The video also touches on the political landscape, noting that 40 states have some form of cannabis law, emphasizing the role of democracy in shaping these laws.

What is required for someone over 21 to purchase cannabis in a dispensary?

• A membership card

• A doctor's prescription

• A local resident permit

• A valid passport or ID

What is the expected size of the cannabis industry in California in its first year?

• $7 billion

• $12 billion

• $5 billion

• $10 billion

What is the excise tax percentage imposed by the state of California on cannabis sales?

• 15%

• 12%

• 18%

• 10%

How many states currently have either medical or recreational cannabis laws?

• 45 states

• 40 states

• 35 states

• 30 states

What is the main factor driving cannabis legislation according to the video?

• Federal government policies

• State government decisions

• Public demand and democracy

• International trade agreements