If approved by voters in November, it would be the first municipal pot tax in San Luis Obispo County and would open the door to marijuana dispensaries and cultivation within city limits which are both currently prohibited.

The marijuana tax ballot measure has a 5% tax on medical marijuana sales in the city based on gross receipts.

Recreational marijuana sales and cultivation, if approved by California voters in November, would be taxed at 10% in addition to a 15% statewide tax included under Proposition 64.

Author

George

Founder & CEO of 420 College.

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