Proponents of a statewide initiative to regulate the commercial production and retail sale of marijuana have turned in 145,000 signatures to the Secretary of State’s office. The total is almost twice the number of signatures from registered voters necessary to place the measure on the 2014 electoral ballot.

State officials have until August 2 to verify the signatures.

The proposed ballot initiative (Initiative Petition 53) seeks to regulate the personal possession (up to eight ounces), commercial cultivation, and retail sale of cannabis to adults. Taxes on the commercial sale of cannabis under the plan are estimated to raise some $88 million in revenue in the first two years following the law’s implementation. Adults who engage in the non-commercial cultivation of limited amounts of cannabis (up to four plants) for personal use will not be subject to taxation.

On Tuesday, the measure’s proponents, New Approach Oregon, debuted their first television ad in support of the initiative.

A statewide Survey USA poll released last month reported that 51 percent of Oregon adults support legalizing the personal use of marijuana. Forty-one percent of respondents, primarily Republicans and older voters, oppose the idea. The poll did not survey respondents as to whether they specifically supported the proposed 2014 initiative.

Alaska voters will decide on a similar legalization initiative in November. Polling data shows that 55 percent of registered voters back the plan, while 39 percent oppose it. Florida voters will also decide in November on a constitutional amendment to allow for the physician-authorized use of cannabis therapy. A May 2014 Quinnipiac University poll reported that Floridians support permitting physicians to authorize medical marijuana to patients by a margin of 88 percent to 10 percent.

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