Post by Logan on Feb 10, 2016 6:06:50 GMT -6
Voters in California’s capital city will decide on whether to use tax dollars from marijuana cultivation as a fiscal elixir to pay for services for kids at risk.
The Sacramento City Council voted Tuesday night to advance a June ballot initiative that asks voters to impose a special 5 percent tax on future commercial marijuana cultivation for medical or recreational use.
Long tolerant of medical marijuana businesses, the City Council last week passed broad guidelines that will eventually allow business licenses for commercial cannabis cultivation in city limits.
With specific cultivation rules still to be drafted, the council moved Tuesday night to monetize pot production as a secured revenue source for youth programs.
Read more here: www.sacbee.com/news/local/article59484962.html
The Sacramento City Council voted Tuesday night to advance a June ballot initiative that asks voters to impose a special 5 percent tax on future commercial marijuana cultivation for medical or recreational use.
Long tolerant of medical marijuana businesses, the City Council last week passed broad guidelines that will eventually allow business licenses for commercial cannabis cultivation in city limits.
With specific cultivation rules still to be drafted, the council moved Tuesday night to monetize pot production as a secured revenue source for youth programs.
Read more here: www.sacbee.com/news/local/article59484962.html