Yesterday, Los Angeles voters overwhelmingly approved Measure M, a city-sponsored measure that gives city officials new tools to regulate the marijuana industry. The measure allows the city to repeal the current Proposition D ban on medical marijuana dispensaries and replace it with new rules for pot businesses. The city will now be able to impose gross-receipt taxes on all cannabis businesses, from manufacturing to delivery services to sales.

Measure M also gives Los Angeles the power to enforce its regulations. The city can now authorize fines and criminal penalties, or cut the water and power for businesses operating without a license.

Virgil Grant, president of the Southern California Coalition, said that he hopes that Measure M can be expanded to county and state levels "so that this comprehensive approach can serve as a model for cities, states and the entire country."

"Los Angeles is leading the country and world in responsible and inclusive approaches to legalization," LA City Council President Herb Wesson said. "The passing of Proposition M is a great victory for common sense, law enforcement and all Angelenos. We gave communities a voice in the process, and their voices will continue to be heard. This measure is what responsible marijuana laws should look like, and we couldn't be prouder of our city."