Conservation and Cannabis: A Complex and Timely Matter for Bay Area Lands
On 09/28/17, the Bay Area Open Space Council convened its Autumn Gathering on the impacts of recreational cannabis legalization on Bay Area conservation and agriculture. More about it at #OSCCannabis on Twitter, and http://openspacecouncil.org/community-events/gatherings/
2. Revenue Projections: Multi-Variable
Factors to Consider:
Amount of Legal Supply/Demand (pounds)
Retail Prices for Legal Cannabis (price sensitivity of consumers)
Federal Intervention (laissez-faire or direct action)
Local Land Use restrictions for cultivation
Municipal restrictions for retail sale
4. Funding Formula
Reimbursements, fixed costs and earmarks ($200M) comes from all revenue
raised
Percentage Breakdown for Remainder:
60%: Health and Human Services funding for treatment and prevention
20%: Law Enforcement funding for safety and prevention programs
20%: Environmental Restoration and Protection Account
Revenue Projections for Environmental Account (assuming $43 in tax revenue per ounce)
Market Demand (million lbs.) 1.5 2.25 3
Revenue for Environmental Account $155 M $232 M $309 M
5. Environmental Account Breakdown
Department of Fish and Wildlife and Department of Parks and Recreation:
Cleanup, remediation, and restoration of environmental damage in watersheds affected
by marijuana cultivation and related activities
The Departments may distribute a portion of the funds they receive from the Environmental
Restoration and Protection Account through grants for purposes specified in this subparagraph.
Stewardship and operation of state-owned wildlife habitat areas and state park units in a
manner that discourages and prevents the illegal cultivation, production, sale and use of
marijuana and marijuana products on public lands
Provides for enforcement dollars as well
Watershed Enforcement Program and Multi-Agency Taskforce
Program established in FGC 12029 for investigation, enforcement and prosecution of
illegal activities adversely impacting fish and wildlife habitats in the state.
CA Natural Resources Agency Secretary determines the allocation of revenue between
the departments.