It’s 6:35 a.m., with a low of 55° and a high of 75.° Not unlike yesterday. And the day before yesterday, come to think of it.

Well, phooey: SF Gate reports that California may gain less from legalizing pot than California thinks.

In summary: If Prop. 19 passes, the state would save $300 million by not searching for and prosecuting potheads, but the federal government could take that much or more out of California’s budget in retaliation.

On the other hand: The price of weed could drop as much as 80%.

This information comes courtesy of the Rand Corporation. Interested parties can download the entire report here.

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H.R. Smith has reported on tech and climate change for Grist, studied at MIT as a Knight Science Journalism Fellow, and is exceedingly fond of local politics.

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