Oregon Marijuana Advocates Raise $1 Million

"Our aim is to raise as much as we need to win. How much hinges on factors we can't control and don't know at this point."

Supporters of a recreational marijuana ballot initiative in Oregon have raised $1 million in their effort to legalize, regulate and tax use of the drug by adults, campaign finance documents showed on Monday.

The state said last month the initiative qualified for the November ballot, meaning Oregon could become only the third U.S. state after Colorado and Washington to allow recreational pot use. Marijuana remains illegal under federal law.