Jump to content
Sign in to follow this  
I AM NOT THAT GUY

California Cities Expecting Revenue From Legalized Pot

2 posts in this topic

Recommended Posts

BALLOT INITIATIVES

  • Oakland: 5 percent tax on medical cannabis dispensaries and cultivation facilities, 10 percent for recreational production and sales.
  • Berkeley: 2.5 percent for medical marijuana, 10 percent recreational.
  • Sacramento: 4 percent medical marijuana, 10 percent recreational.
  • Richmond: 5 percent medical marijuana, 5 percent recreational.
  • San Jose: 10 percent medical marijuana.*
  • Long beach: 5 percent medical marijuana, 10 percent recreational.
  • Stockton: 2.5 percent medical marijuana, 10 percent recreational

* Proposed

http://www.mercurynews.com/news/ci_15645236?nclick_check=1

Oakland's pot dreams could burst

Mark Kleiman, a UCLA professor of public policy who has written extensively on the topic, believes cities such as Oakland that are hoping to cash in on medical marijuana, and legalization if it happens, should try to see through the dollar signs to the possible pitfalls.

"Yes, (Oakland is) in for a big letdown," he said. "Competition among growers and among jurisdictions would drive legal prices through the floor, leaving California with a large (illegal) export trade to the rest of the country and not much revenue. The feds wouldn't hold still for it and would crack down."

Share this post


Link to post
Share on other sites
 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
- Back to Top -


Important Disclaimer: Please read carefully the Visajourney.com Terms of Service. If you do not agree to the Terms of Service you should not access or view any page (including this page) on VisaJourney.com. Answers and comments provided on Visajourney.com Forums are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Visajourney.com does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. VisaJourney.com does not condone immigration fraud in any way, shape or manner. VisaJourney.com recommends that if any member or user knows directly of someone involved in fraudulent or illegal activity, that they report such activity directly to the Department of Homeland Security, Immigration and Customs Enforcement. You can contact ICE via email at Immigration.Reply@dhs.gov or you can telephone ICE at 1-866-347-2423. All reported threads/posts containing reference to immigration fraud or illegal activities will be removed from this board. If you feel that you have found inappropriate content, please let us know by contacting us here with a url link to that content. Thank you.
×