Shall the ordinance imposing a cannabis business tax be adopted with the City taxing cannabis or hemp businesses at annual rates not to exceed $10.00 per canopy square foot for cultivation (adjustable for inflation), 6% of gross receipts for retail cannabis businesses, and 4% for all other cannabis businesses which is expected to generate an estimated $237,500 to $360,000 annually and will be levied until repealed by the voters or the City Council?
2, Solano County • 2020 • Measure
Passed
Result: 64.9% yes, 35.1% no (46,951 votes cast)
AI-generated plain-language summary
This measure authorized the City of Solano to impose taxes on cannabis businesses at rates up to $10 per square foot annually for cultivation, 6% of gross receipts for retail, and 4% for other cannabis operations. The tax was estimated to generate $237,500 to $360,000 annually and would remain in effect until repealed by voters or the City Council.