The California Legislative Analyst’s Office (LAO) released its review this week of a prospective ballot initiative to legalize psychedelics, outlining not only the plan’s policy implications but also its potential fiscal impacts on the state—which the report calls “various” and “uncertain.” The measure, which proponents submitted the final language for earlier this month, would allow … Continue reading California Psychedelics Ballot Measure Could Undermine Marijuana Taxes, State Officials Say