The Next Places To Legalize

OR Tax Revenue

The Beaver State is likely to be among them:

New Approach Oregon’s petition to make marijuana legal for adults has qualified for the ballot this coming November, Huffington Post reports. More than 87,000 valid signatures were collected for the petition, which allows adults age 21 and older in Oregon to possess up to eight ounces of marijuana privately and one ounce in public and would have the marijuana market regulated by the Oregon Liquor Control Commission. Any sales taxes collected would be distributed to schools, law enforcement, and drug prevention programs.

It is very likely that this initiative will pass in November, with a recent poll stating that 57% of Oregon’s likely voters support recreational marijuana use.

Jon Walker passes along the above graphic, which estimates the amount of tax revenue Oregon could collect:

new report by ECONorthwest for the New Approach Oregon campaign estimates that the marijuana excise tax contained in their initiative would generate $38.5 million during the first fiscal year of tax receipts. That money would come only from the newly legalized adult-use market. They assume most people using the current medical marijuana system will stay with it, which seems likely based on what has happened in Colorado so far. The initiative doesn’t tax medical marijuana.

German Lopez lists off other upcoming marijuana ballot initiatives. One close to home:

DC’s Initiative 71 would allow adults 21 and older to possess up to two ounces of marijuana, grow up to six plants, and gift marijuana to other adults 21 and older. It would not legalize sales, because voter initiatives in DC can’t deal with that issue.

The initiative is not yet confirmed to be on the ballot, although the campaign turned in more than double the number of petition signatures required to get approval. If it makes it on the ballot, it has a good chance of victory: a Washington Post poll found marijuana legalization is favored by DC residents almost two-to-one.

 Know dope. And heads up, hippies: