Shall the City tax cannabis (marijuana) 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, to fund unrestricted general revenue purposes such as police, fire, roads and recreation; which is expected to generate an estimated $1.4 to $2.1 million annually and will be levied until repealed by the voters or City Council?
2, Los Angeles County • 2018 • M
Passed
Result: 76.0% yes, 24.0% no (25,936 votes cast)
AI-generated plain-language summary
This measure authorized Los Angeles to impose taxes on cannabis businesses at rates up to $10 per square foot for cultivation, 6% of gross receipts for retail, and 4% for other cannabis operations. The tax revenue would go to the city's general fund for services like police, fire, roads, and recreation, with an estimated annual generation of $1.4 to $2.1 million.