with legalized recreational growing still getting up to speed, pot searles have been allowed to use some of their medical marijuana supplies in a one-time transfer but it hasn't been enough. >> is this place going to run out of pot in the short term? >> in the short term we will. >> reporter: david martinez saw long lines new year's day but this place had to shut down two days this week to restock. >> we hope by the end of summer we could be caught up. it could be a year or two years. >> how much are prices going up because of scarity? >> about 200%. >> reporter: norton arbella sells medical marijuana but he won't sell recreational pot for another month as he tries to build up inventory. and he needs money to expand. >> we don't have access to traditional banking. finding the financing to capitalize businesses and increase infrastructure has been very difficult. we have to go to private equity, venture capital. >> reporter: in the end, though, it could mean big bucks for the state. tax revenues which may be more addictive than any drug. >> i don't think that anybody has any idea how big

tell us any -- >> like the bradley foundation, which supports a lot of conservative efforts, the searle foundation, which does as well, and from some individual donors who give money to conservative intellectual efforts, people like paul singer. >> what does it meant that you've gotten the bradley prize and that $250,000 check? >> yes. well, it's awfully nice. the bradley prize is a -- is an annual award given by the bradley foundation, which is a philanthropic foundation based in wisconsin that -- the award is to be given to people who the selection committee that the foundation chooses thinks have advanced the cause of protecting american institutions or strengthening american institutions. they've been giving it now for 10 years. it's given to four people each year and i'm one of the four this year. >> let's go back to some things you said earlier. first of all, here's leon kass, who appeared on our call-in show in 2002. i assume at that point he was starting out at the white house. >> yes. >> and did you start with him? >> i was working for him, yes. >> ok, let's watch what he says.

just a minute and then went going to hear from city, to develop director and we'll hear from kerry searle grannis from the brookings institute, all three speakers this morning have very substantive presentations and question and answer for this morning. before we begin i want to make sure you know who are vice chairs power, can't i think will be joining us momentarily. so i'm going for start with secretary donovan and then will move to our agenda this morning. just one note because you all know how important cdbg funds are for us before introduce the secretary. and i want to get this out before we start the meeting. we are very pleased, obviously, with the good news in fy '14 for cdbg. funding with what we're hearing previously, but we also know that it's up to all of us to really be aggressive and talking to members of congress and the senate about how important this program is. so i want to mention two things while the secretary is here that we're going to be asking committee members to participate in between now and the spring. this year is the 40th anniversary of cdbg funds. this has