By Suzanne Stevens, Web editor- Portland Business Journal
PORTLAND, Ore. - A possible ballot initiative that would tax cannabis has landed the support of one of Oregon's largest unions.
The United Food and Commercial Workers Union, Local 555, has voted to endorse Initiative 9, known as the Oregon Cannabis Tax Act, the Portland Business Journal reported.
The measure would tax and regulate cannabis for adults over the age of 21.
The union believes that regulating the growth and sale of cannabis would help kick start an agricultural hemp industry in Oregon.
"From retail to manufacturing to health care, we recognize that a vibrant hemp and cannabis industry in Oregon will create thousands of family-wage, sustainable jobs across the entire state," said union President Dan Clay in a statement.
The Oregon Cannabis Tax Act website touts the many applications of cannabis, from biofuel to consumer health products, and says that regulating its growth will not only create jobs, it will also help ensure that marijuana is only sold to adults for approved uses. Proponents say the tax would generate more than $140 million a year.
The Union Food and Commercial Workers Union has 19,000 members in Oregon and southwest Washington.
The Portland Business Journal is a news partner with KATU.com