Oregon's Voter-Approved Drug Decriminalization Law Under Attack, Ballot Proposal Circulating
Portfolio Pulse from Lara Goldstein
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 includes Nike 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. The funding for Measure 110, coming from state cannabis tax revenue, would be transferred to the state’s alcohol and drug policy commission.
September 20, 2023 | 1:24 pm
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Nike co-founder Bill Knight is part of a group seeking to overturn a drug decriminalization measure in Oregon. This could potentially impact Nike's reputation and public perception.
While Nike co-founder's involvement in the petition doesn't directly impact the company's operations or financials, it could potentially affect the company's reputation and public perception, especially among those who support drug decriminalization. However, the extent of this impact is uncertain.
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