As L.A. Looks To Shutter Dispensaries, Voters Choose To Cash In
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As L.A. Looks To Shutter Dispensaries, Voters Choose To Cash In

Los Angeles has voted that the city can tax dispensaries for medical marijuana sales

As the city council in California’s largest city seeks to shutter scores of medical marijuana dispensaries, Los Angeles voters just issued a resounding declaration: If you can’t close ‘em, tax ‘em.

Fifty-nine percent of voters approved Los Angeles’ “‘M’ for marijuana” Measure M, allowing the city to impose a five percent tax on gross dispensary receipts – on top of sales taxes they must pay to the state.

Read more: http://blogs.sacbee.com/weed-wars/2011/03/as-la-looks-to-shutter-dispensaries-voters-choose-to-cash-in.html#ixzz1GHe70G00

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