Some states have legalized it for medicinal purposes, some allow small amounts to be used by those 21 years and older but Nevada may be the first to regulate and tax the sale of marijuana, if a new bill passes.

The Committee to Regulate and Control Marijuana have been working to decriminalize laws nationwide and push the right to use the drug for medicinal purposes. Now Nevada voters will decided if legalizing and taxing the drug will put drug dealers out of business and rake in $28.6 million, as the committee stated.

Executive director of the committee Neal Levine said, "Put it into a tightly controlled and regulated environment. We think that makes a lot of sense."

The new law would legalize adults 21 years and older to use up to an ounce of marijuana in their homes, which they would buy from government regulated pot shops. The state currently allows the same amount to be used under its medical marijuana law. In 2002, Nevada voters rejected a bill allowing the possession of three ounces of pot.

But the opposition said legalizing the drug will increase the use of other, more harmful drugs and argue that federal law still prohibit sale of the drug.

Todd Raybuck, a Las Vegas police officer and spokesman for the Committee to Keep Nevada Respectable said, "The fact is, growing, distributing and warehousing marijuana will still be a federal offense."