Measure CB - City of Los Angeles
APPLYING CANNABIS BUSINESS TAXES TO UNLICENSED CANNABIS BUSINESSES. Shall an ordinance be adopted to apply the City's existing cannabis business taxes to unlicensed cannabis businesses at current rates (10% on cannabis sales; 5% on medical cannabis sales; 2% on manufacturing, cultivation or other commercialization; 1 % on transportation, testing or research); generating approximately $30-35 million annually for general City services, such as street/sidewalk repairs, 911 emergency response, fire protection, and parks, until ended by voters?"Yes" Votes Needed to Pass: 50% +1 (majority) of the total votes cast on the measure by eligible voters
