I am a firm supporter of Prop 19, but I have one major concern: that as cannabis laws are eased in the US, gangs and criminals that used to make their living from pushing cannibis will start pushing harder drugs (like cocaine), causing an increase in violence (as more people fight for a smaller market) and heavier drugs getting pushed on school children.
I suspect (though I haven't researched further) that the recent crime uptick in northern Mexico is due to the easing of cannabis laws across America over the past few years, and that it'll just get worse after Prop 19 is passed.
Personally, I think the solution is to legalize all drugs, and to put the money that we're spending on the war on drugs into medical treatment and education. It's obviously a difficult situation, but I'm glad to see that we're making progress.