Passed
Result: 65.2% yes, 34.8% no (9,688 votes cast)
This measure imposed an annual cannabis business license tax in Monterey with rates up to 8% of gross receipts for retail businesses, 2% for testing laboratories, and 6% for other cannabis businesses, plus an additional tax on highly potent products. The tax was estimated to generate $604,000 to $1.3 million annually for local use and remains effective until repealed by voters.