Marijuana legalization: University of Oregon economists to explore implications of legal pot at Thursday forum
The implication of marijuana legalization in Oregon is on the agenda for the Oregon Economic Forum, which convenes in downtown Portland Thursday morning.
The event, sponsored by the University of Oregon, features talks by Tim Duy and Ben Hansen, both economists and UO professors.
Duy is expected to address the potential implications of legalization for Oregon’s economy. Hansen will explore the health and welfare implications of legalization. Hansen’s research has focused on risk behaviors associated with medical marijuana laws.
Oregonians will vote on a marijuana legalization measure in November. The measure would allow anyone 21 and older to possess pot. Results of a new poll show 52 percent support Measure 91 while 41 percent are opposed.
Colorado and Washington legalized recreational marijuana in 2012.
Sales of recreational marijuana have increased in Colorado, according to the latest statistics. The Washington Post reported this week that the state took in $ 7.5 million in revenue from sales of medical and recreational cannabis in August — and about $ 45 million so far this year.
In Washington, economists estimate the state will take in $ 25 million in marijuana sales revenue by July 2015.
— Noelle Crombie