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Oregon voters to decide on decriminalizing heroin, cocaine and LSD

Summary:
Oregon could become the first U.S. state to decriminalize possessing hard drugs like heroin, cocaine and LSD in a ballot measure during Tuesday's election.If voters pass Measure 110, users found in low-level possession of the substances would have the option of paying 0 fines or attending new, free addiction recovery centers instead of being arrested and facing jail time, The Associated Press reported.The recovery centers would be funded by tax revenue from retail marijuana sales in the state, which was the country's first to decriminalize marijuana possession.Yes on 110, the organization sponsoring the ballot measure, stresses that the act does not legalize any drugs.The HillOregon voters to decide on decriminalizing heroin, cocaine and LSD

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 Oregon could become the first U.S. state to decriminalize possessing hard drugs like heroin, cocaine and LSD in a ballot measure during Tuesday's election.


If voters pass Measure 110, users found in low-level possession of the substances would have the option of paying $100 fines or attending new, free addiction recovery centers instead of being arrested and facing jail time, The Associated Press reported.


The recovery centers would be funded by tax revenue from retail marijuana sales in the state, which was the country's first to decriminalize marijuana possession.


Yes on 110, the organization sponsoring the ballot measure, stresses that the act does not legalize any drugs.


The Hill

Oregon voters to decide on decriminalizing heroin, cocaine and LSD

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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