Results tagged “ballotmeasures”

ABC 7 brings us this report about how Oakland may try to solve its budget crisis, in part, by becoming the first city in the nation to directly tax marijuana dispensaries. The city would impose a 1.8% levy, which would mean that the four official pot clubs would have to pay $18 for every $1,000 sold -- currently, through standard business taxes, the city collects $1.20 for every $1,000 sold -- and would potentially raise $400,000 for the coming fiscal year. This measure goes onto a special election ballot being voted on this month.