I'm rather with Coolio on this. It could put a lot of folks out of work at a time when we can ill afford to do so, and if the value of weed undergoes the ruinous deflation that it is projected to by the Rand study, this would have a devastating impact on the industry outside of California as well, and a further concentration of assets and power in a smaller number of people in Cali, all as the Feds get ready to swoop in and tear their operation to pieces. The last piece is the redeeming part, though, the good thing about Prop 19 is that it has the potential to create real controversy if the Feds crack down, and will make the Feds look foolish if they don't, it is a real damned-if-they-do damned-if-they-don't situation for the USG & the DEA. However it's impact on your friendly neighborhood pot dealer/grower is likely to be harmful, and the law itself has significant issues. If I were in California, I would much rather see the status quo continue, because it's easy as fuck to get your medical card and weed is de facto illegal anyway. Prop 19 will just exert a destabilizing effect in the short term. However, in terms of ultimately pushing an agenda of legaliation of drugs in thsi country, I would like to see it passed strictly as a propaganda measure and as a way for Cali to troll the feds into taking some actions which would have genuine impact in terms of creating a national dialogue. So in terms of the immediate effects I think Prop 19 is a huge liability; in terms of the long term effects, and in terms of having a lot of interesting shit to read and watch on TV in the next few years, it's a positive.