CA: Oceanside puts cannabis business tax on Nov. 3 ballot

If approved, rates could range from 2 percent to 6 percent reports the San Diego Union Tribune

Oceanside voters will decide Nov. 3 whether to establish a city tax of up to 6 percent of gross revenues for cannabis businesses.

The Oceanside City Council voted 4-1 Wednesday to place the measure on the ballot, with Councilman Jack Feller opposed. Feller has consistently opposed the legalization of cannabis, saying it would make the substance more accessible to children.

“The goal is to be fair and not overly burdensome,” said Deputy City Manager Jonathan Borrego, in a presentation to the council.

The proposed tax is the latest development in Oceanside’s unfolding legalization of marijuana, which began with the approval of delivery services for medical cannabis in 2016.

Source:  https://www.sandiegouniontribune.com/communities/north-county/oceanside/story/2020-08-07/oceanside-puts-cannabis-business-tax-on-nov-3-ballot

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