Redondo Beach voters to decide on cannabis dispensary tax in March – Daily Breeze

It’s official: A few months from now, Redondo Beach voters will decide whether to tax marijuana dispensaries that may open in the city.

The City Council recently approved putting the tax measure on the city’s March 7 general election ballot during a continued a public hearing on the item, initially introduced Nov. 1. It’d apply to two cannabis businesses that can get permits to operate in Redondo Beach because of a recently passed ordinance.

The body formally adopted the language for the ballot measure last week. The tax revenue, according to that language, will fund general expenses and not specific initiatives. Councilmembers also wanted it to be clear that business owners would pay these taxes, not customers, and widen the expectation on how much potential revenue they’ll bring to the charter city.

Because the ballot measure would create a general tax, it will require a simple majority of voters to pass.

The council in September adopted an ordinance allowing two cannabis dispensaries and the law went into effect last month.

Voters, meanwhile, rejected a citizens’ cannabis measure in October that was funded by a Long Beach dispensary chain and would have allowed three retail marijuana sites. The city originally had that

Read More Here...