SAN FRANCISCO — Proponents of a ballot measure that would legalize marijuana in California said they have collected enough signatures to qualify the initiative for the state’s November 2010 ballot.

The measure’s supporters said they have collected 650,000 signatures, exceeding the 433,971 required for the ballot.

“Today we’re declaring an overwhelming victory in this important first stage of taxing and regulating cannabis,” said proponent Richard Lee in prepared remarks. He runs an Oakland, Calif., school that teaches people to be pot entrepreneurs.

Law-enforcement groups will oppose the measure, said John Lovell, a lobbyist for California police associations. Mr. Lovell said he expected the initiative to make the ballot, but he said it would be easily defeated. “At the end of the day, I think voters’ good sense will prevail.”

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Source: Wall Street Journal (link)