Marijuana Ballot Initiative Gaining Support as Advocates Promote Oregon’s Campaign
Ryan Allway
July 9th, 2014
Policy
A ballot initiative in Oregon is gaining support and local marijuana policy reform advocates describe it as their “number one priority,” the Oregonian reports. New Approach Oregon is working in conjunction with Drug Policy Alliance and others to raise awareness of their campaign to pass the ballot initiative, which would allow adults to possess up to 8 ounces of marijuana. Oregon’s Liquor Control Commission would regulate and oversee the market. Dave Kopilak, an attorney who helped to draft New Approach Oregon’s initiative, claims that if it is passed, Oregon will have lower taxes on marijuana than Washington or Colorado.
Revenue generated by the adult retail market that went to the state would be distributed to a variety of public health and safety programs: 40% would go to the common school fund, 20% to mental health and addiction services, 15% to state police, 10% to cities’ law enforcement, an additional 10% to local county law enforcement, and 5% to drug abuse prevention services. If it qualifies for the ballot, the initiative will be up for a vote in November.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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