The California Senate recently passed sweeping legislation that will potentially lead to the legalization of psychedelic and marijuana use. This groundbreaking bill, if approved by the Assembly, would make not only picnic snacks more interesting, but revolutionize the workplace in the Golden State. Employers will have to pay close attention to this new round of amendments that will soon be up for debate on the Assembly Floor. The outcome of this legislation has the potential to shape the future for Californians.
1. California’s Senate Sets Psychedelics and Marijuana to Assembly Floor
California’s Senate recently sent two key legislative proposals to the Assembly floor. The proposals both relate to the legalization of marijuana and psychedelics in the state.
Under the proposed regulations, the possession of up to one ounce of marijuana would be legalized for individuals 21 years of age and older, while possession of psychedelics like psilocybin and DMT would be decriminalized. Additionally, the regulation would require the state Department of Public Health to create a comprehensive panel of experts to help oversee the implementation of the new legislation. A number of benefits could be accrued by California residents, including:
It is estimated that the state could generate over $1 billion in additional tax revenue by legalizing marijuana and psychedelics.
Reduced Law Enforcement Costs:
Due to the decriminalization of the substances, the state would save the money that is currently being spent on enforcing anti-drug laws.
More Research Opportunities:
Before this proposed legislation, conducting research on psychedelics was heavily restricted. The proposed legislation would open the door for greater medical insight and innovation.
All eyes now fall on the Assembly. It is their responsibility to formally pass the proposed legislation should they believe it’s in the state’s best interests. This could be a landmark moment for California’s drug policy – one that could have reverberations to be felt right across the country.
2. History of Law Reform in California
The Pre-Initiative to the California Constitution
In California before the age of initiative, much of the law-making was left in the hands of powerful state legislators. Due to the state’s size and population, proposals and reforms often seemed distant, and they often took yearns to get even discussed. Furthermore, the monopoly on law had given the politicians a great amount of power over the state’s citizens.
The California Constitution and Law Reform
In 1911, California’s constitution drafted into the initiative system. This system allowed citizens of the state to suggest reforms and put them up for votes. This meant that citizens had direct control over the reform laws and policies in the state. Also, the initiative system made state-level politics a lot more open to discussion and opinions from all facets of society, and it was seen as a beacon of hope for citizens that never had a chance to speak their minds before. Thus, the law reform process had become much more dynamic, allowing citizens to create and pass laws which they saw fit.
3. The Potential of the New Amendments
The new amendments offer a world of potential for businesses, and promise to revolutionize the industry. Through better regulation of the economy, more oversight of financial institutions and consumers, and a commitment to open markets, the new amendments could be a game changer.
Small and medium-sized businesses especially could benefit from these rules and regulations. Here are some of the potential perks for small companies:
- More Access to Capital: The new amendments open the door for smaller businesses to gain access to financing and venture capital that was not previously available.
- A Level Playing Field: The amendments strive to create more fairness and transparency in the market for small businesses, encouraging competition.
- Faster Manpower: The amendments prioritize speed and accuracy in the financial process, allowing smaller companies to quickly deploy new tactics.
These amendments could bring an entirely new era of potential for businesses both large and small. It’s an exciting time as we watch these changes take shape.
4. Exploring the Benefits of Legalization on Employment
Increase in Jobs
Legalization presents an opportunity for direct or indirect job growth within the taxed industry. In the US alone, New Frontier Data estimates that direct job creation in cannabis-related activities will reach over a quarter of a million jobs by 2020, with more than 300,000 by the year 2025. The tax revenue generated by legalized cannabis could also be used to build roads, schools, and other much-needed infrastructure, creating another source of employment.
Better Quality of Jobs
In addition to presenting more job opportunities, legalization can also open up higher quality jobs. The demand for products and services such as greenhouses, retailers, edible manufacturers, and laboratories will create opportunities for individuals to join higher end professions with competitive wages. These jobs also open up new learning opportunities and potential career paths. Moreover, more security and safety measures need to be implemented throughout legal dispensaries, providing workers with better workplace conditions.
The passage of the psychedelic and marijuana employment legislation by the California Senate is undeniably a step in the right direction. It gives advocates and opponents of the bills hope for a positive outcome on the Assembly floor with the new amendments in play. Time will tell what the future holds, but the wheels are in motion to make significant, meaningful changes in California.