Surprised it took this long. Back during prohibition the government finally figured out they could make a lot more money by legalizing alcohol by taxing it, regulating it, then fining the crap out of people who made poor decisions while imbibing on it. Sound familiar? You potheads got sickered...: )
Also makes for people that are easier to control by preying on their weakness and guilting them to death. Also spawns other income opportunities for attorneys and rehab counselors / clinics
If they do legalize it, it should only be on the the condition it is not taxed. Do you really want the government to be a drug cartel like the Zetas? If you think the Mexican drug cartels are bad, the U.S. government and large corporations will be when they are drug dealers...