Richard Lee, the founder of Oaksterdam University and the chief sponsor of last year’s Proposition 19, says that efforts to get a successor legalization measure in front of California voters have stalled out, according to SF Weekly.
What went wrong? The desire’s still there — there just isn’t any money, he said. It costs millions to get a voter initiative on the ballot in California, and those millions haven’t materialized.
“Time’s running out… and the fundraisers just weren’t there,” he said.
Donors to be tapped for a legalization initiative included Facebook billionaires as well as well-heeled moneypits like George Soros, who donated $1 million to Prop 19 about a week before the 2010 election.
But money is needed now for 2012. Lee spent $1.5 million of his own money just on the signature drive necessary to qualify Prop 19 for the ballot, then raised the additional funds necessary to run a statewide campaign. Nobody’s signed up to shell out that cash this time around, meaning legalizing it will have to wait until someone can legal tender it.
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