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Oakland's Marijuana Business Tax

Discussion in 'Medical Marijuana Usage and Applications' started by capolitics, Sep 21, 2009.

  1. #1 capolitics, Sep 21, 2009
    Oakland voters recently approved the nation's first ever business tax on retail marijuana sales, Measure F, on the July 21, 2009 ballot. The overwhelmingly majority of voters (80% to 20%) authorized the city to to levy a 1.8% tax on all "cannabis businesses" within Oakland. Initial estimates indicate that the tax will generate between $300,000-$350,000 in revenue for the city in the 2010 fiscal year. Currently four dispensaries are licensed by the Oakland City Council to sell and dispense medical marijuana. Several representatives from the Oakland City Council, members of the California Nurses Association, the medical marijuana dispensary community, and some members of the California State Assembly all publicly advocated the landmark measure. The formal opposition to Measure F was very minimal.

    continued @ California Politics
     
  2. #2 lemonzbud, Sep 24, 2009


    another step in the right direction for America
     

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