Oregon: Marijuana Initiative Backers Turn In 145,000 Signatures For Proposed 2014 Ballot Measure
Proponents of a statewide initiative to regulate the commercial production and retail sale of marijuana have turned in 145,000 signatures to the Secretary of State’s office. The total is almost twice the number of signatures from registered voters necessary to place the measure on the 2014 electoral ballot.
State officials have until August 2 to verify the signatures.
The proposed ballot initiative (Initiative Petition 53) seeks to regulate the personal possession, commercial cultivation, and retail sale of cannabis to adults. Taxes on the commercial sale of cannabis under the plan are estimated to raise some $88 million in revenue in the first two years following the law’s implementation. Adults who engage in the non-commercial cultivation of limited amounts of cannabis for personal use will not be subject to taxation.
Read More: here