I'm in Washington. The legalization part doesn't go into effect for a month+. The bill will likely be a victim of earmarks as well.
I've been (legally) buying weed for a while. It's called a green card. I'm not sure if other states have it. You can basically go to a sketchy doctor and tell him you have back problems and give him $100 and you have a green card. Then you can (legally) go to a medicinal shop (there are plenty) and buy sacks, edibles, chapstick, etc.
Makes sense. Like cigarettes and alcohol make it legal and then tax the shit out of it.
Crime will decrease as it isn't illegal and tax's raised can be used to offset any negative side effects.
May Obama should legalize all drugs and tax them, may be it's the only way for America to pay back it's debt.