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Proposal would devote millions in San Diego marijuana taxes to low-income communities

San Diego may soon follow the lead of Los Angeles and San Francisco and use marijuana tax revenue to boost neighborhoods adversely affected by previous criminalization of the drug. Council members Chris Ward and Monica Montgomery are proposing a new “cannabis equity” program that would devote millions in city marijuana tax revenue to programs for[…]

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Beto O’Rourke Visits Oakland Pot Dispensary

Democratic presidential candidate Beto O’Rourke toured a marijuana dispensary and talked to cannabis experts Thursday in Oakland, and he raised eyebrows with a plan to give money to people locked up for marijuana offenses. O’Rourke was all ears during a round table discussion about the lessons learned from legalizing marijuana in California and the work[…]

Tax on Cannabis: Edwardsville City Council Approves Measure at Regular Meeting

EDWARDSVILLE – The hot topic on the Edwardsville City Council Meeting slate Tuesday was a cannabis tax. Art Risavy filled in for Mayor Hal Patton at the meeting. The second reading of an ordinance adopting a municipal cannabis retailers’ occupation tax was quickly agreed to by the council. “The Illinois municipal cannabis retailers occupation tax[…]

California Cannabis Tax Revenue Isn’t Meeting Projections, So Public Officials Are Getting Conservative With New Estimates

Earlier this year, in May, California Gov. Gavin Newsom’s office amended its 2019 and 2020 cannabis revenue tax projections: from $355 million to $288 million (in 2019) and from $514 million to $359 million (in 2020). Something similar happened in Sonoma County, where supervisors saw a shortfall in tax revenue in the 2017-2018 fiscal year[…]