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100,000 Signed a Petition for Legal Marijuana in Nevada

100,000 Signed a Petition for Legal Marijuana in Nevada

Marijuana advocates in Nevada collected over one hundred thousand signatures on a petition supporting a measure to legalize recreational marijuana in the state. The signatures had to be turned in by the middle of November in order to be considered for Nevada’s legislature session beginning in January 2015.

State Senator Richard Segerblom told KNPR News that The Coalition to Regulate Marijuana Like Alcohol was responsible for collecting that many signatures, and it cost the organization $500,000 to get them. In the same interview, Senator Sergerblom stated,

“If the Legislature fails to approve the measure, it automatically goes on the ballot as a question for voters to decide in 2016.”

The only fear about the movement that was expressed, during the interview, by Councilman Bob Coffin was that medical marijuana dispensaries will be at a competitive disadvantage if recreational marijuana sales are legalized in the state. He is worried about existing businesses.

The measure would allow the cultivation, sale, taxation and regulation of cannabis to adults aged twenty one and older. It will also permit of-age adults to have up to one ounce of cannabis on their person at a time. The plan is for the tax revenue collected from legal recreational sales to go toward education in the state of Nevada. The tax rate for retail marijuana sales would not be increased. It would remain the same tax rate as that of other industries.

Whether recreational marijuana sales are legalized in the state in 2015 or the year after, it looks like residents are in support of it happening. It will be a huge source of tax revenue for the state, especially with the number of tourists that visit Las Vegas every year.

photo credit: beforeyoubackpack.com

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