Marijuana is not taxed or regulated because it is illegal, not the other way around. I live in a state where it is legal, and it is taxed so highly the legal distributors are having problems competing with the illegal ones who don’t charge tax. As for regulations, I read the text of Prop 64. It was longer than all the other propositions combined.
The smell of pot is nauseating. That alone.should make it illegal. Disturbance of peace.