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Oregon Cannabis Tax Act 2012

OCTA2012

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#1 Granny

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Posted 29 August 2011 - 06:24 AM

Oregon Cannabis Tax Act 2012

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.
When this groundbreaking legislation is passed, it will:

  • regulate the legal sale of marijuana to adults through state-licensed stores
  • allow adults to grow their own marijuana
  • license Oregon farmers to grow marijuana for state-licensed stores
  • allow unlicensed Oregon farmers to grow cannabis hemp for fuel, fiber and food
  • raise an estimated $140 million a year by taxing commercial cannabis sales to adults 21 years of age and older
  • save an estimated $61.5 million as law enforcement, corrections and judicial attention can focus on violent crimes and theft
We estimate this will amount to $200 million a year more funding for our state government. 90% of the proceeds will go into the state general fund, 7% for drug treatment programs, 1% each for drug education in public schools, and two new state commissions to promote hemp biofuel and hemp fiber and food.
Other indirect benefits will include:
  • Lower alcohol abuse and other drug abuse by regulating legal adult access to a safer alternative, marijuana
  • Increase public safety
  • Restore respect for the law and let scarce resources be used to fight real crimes
  • Create environmentally sustainable jobs
Volunteer http://cannabistaxact.org/volunteer


Read Full Text http://www.cannabist...g/octa2012-text

Let's Legalize it in 2012 for adults to grow and consume cannabis




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