Pot measure is tough sell at cop conference
Wednesday, November 16, 2011
I-502 has about 230,000 signatures and almost certainly will qualify for the November 2012 ballot. If I-502 were to pass, the state Liquor Control Board estimates that about 445,000 people — 10 percent of the adults over age 21 — would use marijuana. The analysis estimates that 95 percent of users would consume two grams a week, and the remaining 5 percent would smoke 2 grams a day. Based on those estimates, I-502 would make marijuana a top-five agricultural product in Washington, with gross receipts of nearly $582 million. With a 25 percent tax at each link of the production, distribution and retail chain, I-502 would generate $215 million a year, with nearly two-thirds of it earmarked for research and addiction prevention.