A new bill introduced by a San Francisco state assemblyman could generate annually about $1.4 billion in revenue from taxing marijuana, officials said today. ABX6-9, by Assemblyman Tom Ammiano, D-San Francisco, is meant to tax cannabis if voters approve Proposition 19 in the Nov. 2 election, which would legalize marijuana consumption in California. Ammiano's bill would "regulate, control, and tax" marijuana, he said at a press conference today. Read More