Source: examiner.com
Oregon moves a step closer towards the legalization of marijuana after supporters of theOregon Cannabis Tax Act turned in nearly twice as many raw signatures as required to make the ballot in November 2012.
Initiative 9, the Oregon Cannabis Tax Act, will regulate cannabis for adult use, license cannabis for commercial sale, and allow Oregon farmers to grow hemp for biofuel, food, sustainable fiber and medicine.
Supporters of the Oregon Cannabis Tax Act (OCTA) turned in 167,845 total raw signatures to Oregon's Secretary of State on Friday, July 6. At least 87,213 valid registered Oregon voters' signatures are required to qualify for the November ballot. The state has 30 days to determine if enough of the signatures are valid to qualify for the ballot.
The Oregon Cannabis Tax Act is a citizen’s initiative campaign to regulate marijuana and restore hemp. If passed, advocates argue the legislation would:
Regulate the legal sale of marijuana to adults through state-licensed stores.
Allow adults to grow their own marijuana.
License Oregon farmers to grow marijuana for state-licensed stores.
Allow unlicensed Oregon farmers to grow cannabis hemp for fuel, fiber and food.
Raise an estimated $140 million a year by taxing commercial cannabis sales to adults 21 years of age.
Save an estimated $61.5 million as law enforcement, corrections and judicial costs.
Increase public safety.
Restore respect for the law.
Create environmentally sustainable jobs.
Similar ballot measures to legalize marijuana for recreational use already have qualified in Washington state and Colorado.
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