Passed
Result: 61.0% yes, 39.0% no (13,584 votes cast)
This measure establishes a business tax on cannabis and hemp businesses in Los Angeles, with rates of 4-7% of gross receipts for retail and either 1-4% of gross receipts or $1-10 per square foot for other cannabis businesses. The tax would generate an estimated $500,000 annually to fund city services if cannabis and hemp businesses are authorized in the future.