Imperial and Calexico Cannabis tax measures vary widely in ambition

Voters in Imperial and Calexico are being asked on Nov. 6 to approve measures that would levy additional taxes against marijuana-related businesses in their respective cities. In Imperial, the electorate will consider Measure I, and in Calexico, it will be Measure K. Measure I asks voters to tax cannabis businesses at annual rates not to exceed $10 per square foot for cultivation, 6 percent of gross sales on retail cannabis businesses, and 4 percent for “all other cannabis businesses.” The measure, if approved, according to a city public information officer, would generate an estimated $40,000 to $60,000 a year in additional revenue to the city’s general fund for expenses related to police, fire, roads and recreation.

Source: Cannabis tax measures vary widely in ambition


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: