Oregon Cannabis Tax Act of 2012

Pacific Greens endorse Oregon Cannabis Tax Act of 2012

Attendees at the Pacific Green Party June 2011 convention unanimously endorsed the Oregon Cannabis Tax Act initiative, which is currently circulating for signatures to qualify for the Nov 2012 Primary.  Green Party members are encouraged to circulate petitions. Petition organizers are working hard to qualify OCTA by September, would would be a record in Oregon.

OCTA Petition Packets are available from our office in Eugene, and can be mailed on request or picked up at the office, just phone ahead.  OCTA packets are also included in our Voter Registration Drive Packet.

Oregon Cannabis Tax Act

The Oregon Cannabis Tax Act 2012 is a citizen’s initiative campaign to regulate marijuana and restore hemp. Just as ending alcohol prohibition and regulating that market has protected society, regulating marijuana will help wipe out crime. Drug cartels and gangs will lose significant funding when we regulate marijuana and take the criminal element out this market.

Restoring hemp, made from the seeds and stems of the marijuana plant for fuel, fiber and food, will put Oregon on the cutting edge of exciting new sustainable green industries and create untold multitudes of new jobs.

For all the details, visit their website. Basically, the initiative sets up a system of state-licensed stores from which people 21 and over could buy marijuana. A state commission would set the prices and license farmers to grow marijuana for sale.  

The Oregon Department of Revenue would collect the tax revenues from sales. The estimated $200 million annual funding would be allocated: 90% to the state's general fund, while 7% would be set aside for drug treatment programs and the remaining 3 percent would be divided up between drug education programs and agricultural commissions promoting hemp cultivation.