Oregon Cannabis Tax Act - Ballot Title (I- 73)

For Immediate Release:

The Office of the Secretary of State received a certified ballot title from the Attorney General on February 2, 2010, for initiative #73, proposing a statutory amendment, for the General Election of November 2, 2010.

In addition, Secretary of State Kate Brown determined that the proposed initiative petition was in compliance with the procedural requirements established in the Oregon Constitution for initiative petitions.

The certified ballot title is as follows:

Permits personal marijuana, hemp cultivation/use without license; commission to regulate commercial marijuana cultivation/sale

Result of "Yes" Vote: "Yes" vote permits state-licensed marijuana (cannabis) cultivation/sale to adults through state stores; permits unlicensed adult personal cultivation/use; prohibits restrictions on hemp (defined).

Result of a "No" Vote: "No" vote retains existing civil and criminal laws prohibiting cultivation, possession and delivery of marijuana; retains current statues that permit regulated use of medical marijuana.

Summary: Currently, marijuana cultivation, possession and delivery are prohibited; regulated medical marijuana use permitted. Measure replaces state, local marijuana laws except medical marijuana and driving under the influence laws; distinguishes "hemp" from "marijuana"; prohibits regulation of hemp. Creates agency to license marijuana cultivation by qualified persons and to purchase entire crop. Agency sells marijuana at cost to pharmacies, medical research facilities, and to qualified adults for profit through state stores. Ninety percent of net proceeds goes to state general fund, remainder to drug education, treatment, hemp promotion. Bans sales to, possession by minors. Bans public consumption except where signs permit, minors barred. Agency to regulate use, set prices, other duties; Attorney General to defend against federal challenges/prosecution. Provides penalties. Effective January 1, 2011; other provisions.