The ballot measure would legalize, tax and regulate marijuana for adults age 21 and over. It is very similar to the legalization measure approved in Colorado back in 2012. Adults legally would be able to possess up to an ounce of marijuana and grow up to six plants in their home.
The signatures will first need to be verified by the state government. If the campaign cleared the required valid signature threshold then the measure will be sent to the state legislature. The legislature will have the option to either directly adopt the measure or let the initiative get placed on the 2016 November ballot. At the moment it seems likely the legislature will do the latter.
Nevada will likely be the first state where a marijuana legalization initiative qualifies for the ballot in 2016, but it won’t be the last. Campaigns are planning similar measures across the country for the next presidential year election. We will likely see marijuana legalization measures in California, Massachusetts, Maine, and Arizona. Effectively any state that allows ballot initiatives and where a polling found a majority support legalization are potential targets.