Oregon voters will have a chance to make marijuana legal. The Oregon Cannabis Tax Act, also known as Initiative 9, will appear as Measure 80 on the Oregon ballot in November.
The official Twitter feed of the Oregon Secretary of State Elections Division was used to make the announcement late Friday afternoon, tweeting:
Initiative Petition # 9 relating to marijuana has qualified for the Nov. ballot.
If passed, Measure 80 would legalize hemp and regulate marijuana (cannabis) for adult use. The measure would also license cannabis for commercial sale, and allow Oregon farmers to grow hemp for biofuel, food, sustainable fiber and medicine.
According to a press release issued on July 13, Measure 80, the Oregon Cannabis Tax Act, would regulate cannabis (marijuana) for adults 21 years of age and older, with commercial sales only through state-licensed stores. Ninety percent of tax revenue, estimated at more than $140 million annually, would go to the state’s battered general fund. Seven percent of tax proceeds would go toward funding drug treatment programs, and much of the remaining revenue would be directed toward kickstarting and promoting Oregon’s hemp food, fiber and bio-fuel industries.
http://www.examiner.com/article/marijuana-makes-the-ballot-oregon
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