Originally posted on Follow The Money:
The Iranian government announced Thursday that it plans to legalize marijuana for both medical and personal use, according to state media.
Iran’s parliament approved a bill that would allow Iranian citizens to purchase up to 2 ounces of marijuana from private, state-licensed stores and cafés.
The proposed law taxes marijuana up to 25 percent. Commercial marijuana growers would need to apply for a permit from the Iranian Ministry of Agriculture.
Middle East experts say the proposed law is unusual for Iran, an Islamic theocracy that has been governed by a highly conservative clerical elite since 1979. Under Islamic law, the country strictly forbids alcohol and drug consumption.
But the law is endorsed by ultra-conservative President Mahmoud Ahmadinejad, who has championed the measure as a way to cut down on Iran’s prison population and to bring in extra revenue to the country, which has experienced a prolonged economic crisis…
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