How red tape and black market weed are buzzkills for California's legal marijuana industry: When voters legalized marijuana three years ago, advocates said illegal operations would be pushed out and the state would make hundreds of millions in tax revenue. So far, those dreams have not panned out. So what happens to the rest? We learned much of it is being smuggled east to the 39 states where pot is still illegal and prices are three times higher than in California.
It's harvest season for California's largest cash crop - marijuana. Valued at more than $11 billion, it's worth more than the states grape and almond industries combined. California grows more pot than any place in the country.
Three years ago, voters approved a ballot measure called Prop 64 in California. It made marijuana legal for anyone over the age of 21. Advocates said a regulated pot industry would push out the black market and generate more than a half billion dollars a year for the state.
So has it worked? Not quite.
California governor Gavin Newsom, who was a strong supporter of Prop 64, has said it could take 7 years to get past the growing pains and stomp out the black market.
He's called in the National Guard to help by ordering units that were assisting the border patrol near Mexico to move north to the emerald triangle where Casey O'Neill grows his pot.
Sharyn Alfonsi: So what happens, if the National Guard shows up and here come the helicopters descending on the hills of the Emerald Triangle?
Casey O'Neill: It's the same as it ever was--
Sharyn Alfonsi: What happens six months later?
Casey O'Neill: What happens the day after they leave? People replant.