NKE - Oregon's Voter-Approved Drug Decriminalization Law Under Attack Ballot Proposal Circulating | Benzinga
Two petitions are circulating in Oregon to overturn the 2020 voter-approved Measure 110 that decriminalized the simple possession of drugs.
The group behind the move, the "Coalition to Fix and Improve Ballot Measure 110, includes Oregonians such as Nike (NYSE: NKE)%3F&text=The%20stock%20price%20for%20Nike,at%204%3A00%20PM%20PDT.">NKE) co-founder Bill Knight and Columbia Sportswear CEO Tim Boyle.
The proposal seeks to revert key provisions of the measure that decriminalized simple possession of all drugs including fentanyl, meth, heroin and cocaine.
-
Public use of unlawful drugs would be a misdemeanor offense.
-
Penalties for substance manufacturing or delivery -broadened to include possession with the intent to transfer- would have higher penalties in cases of a repeat offender or when drug use causes death.
-
Control over Measure 110 funding, coming from state cannabis tax revenue, would be transferred to the state’s alcohol and drug policy commission.
One of the notions backing the recriminalizing possession is that the incentive ...