Passed
Result: 53.6% yes, 46.4% no (2,492 votes cast)
This measure permits limited cannabis retail businesses in Los Angeles and establishes a general tax of up to 8% on cannabis business proceeds plus $25 per square foot of cultivation space to fund general city services. The measure allows one adult-use/medical cannabis retailer initially with the option to expand to three total retailers after the first year, generating an estimated $720,000 annually.