It's all marijuana news today, and there's not even much of that. Nashville semi-decriminalizes small-time pot possession, a study finds New Mexico could make big bucks off legalization, and more.

[image:1 align:left caption:true]Marijuana Policy

New Mexico Could Make Big Bucks on Legalization, Study Says. A new report from medical marijuana producer Ultra Health estimates that legal marijuana could bring in revenues of more than $400 million in its first year and closer to $700 million within five years. The report also found that legalizing marijuana would create 11,400 new jobs in its first year.

Nashville Decriminalizes (Sort Of). The Nashville Metro Council gave final approval to a plan to allow police the option of ticketing small-time marijuana possessors instead of arresting them. Police could hand out $50 tickets instead of arresting people, but that discretion means it's not true decriminalization, and that worries Councilman Steve Glover. If you get pulled over by the wrong person, the wrong police officer, the state trooper, you will go to jail for this,' Glover said. "I think we're sending conflicting information."

Medical Marijuana

Waiting to See If Missouri Will Vote on Medical Marijuana. A Cole County circuit court judge holds the fate of the New Approach Missouri medical marijuana initiative in his hands this week. The group has gone to court in a last-ditch effort to get the invalidation of signatures in one district overturned, which would give the initiative enough signatures to qualify for the ballot. A decision is expected any day.