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Always wanting to be a step ahead of other states and currently in the middle of a terrible budget deficit to the tune of $16 billion due to the recession, California may become the first state in the U.S. to legalize marijuana for recreational use and therefore make a killing off of taxes on the drug.

The Snitch, the San Francisco Weekly’s blog, broke the news yesterday that Assemblyman Tom Ammiano will introduce legislation to legalize marijuana in all forms, removing “all penalties in California law on cultivation, transportation, sale, purchase, possession, or use of marijuana, natural THC, or paraphernalia for persons over the age of 21,” according to Ammiano’s press secretary Quintin Mecke.

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