Los Angeles Times: “Measure M on Tuesday’s ballot would add a 5% marijuana tax to sales at pot dispensaries. Owners of the collectives once supported the idea but are now angry about the upcoming lottery to decide which ones can remain open. . .. Measure M would require the city’s dispensaries to pay a 5% business tax on gross receipts, which is 10 times more than the city’s highest tax.”
Pot Dispensaries Turn Against L.A.’s Marijuana Tax Proposal
By On the Net|2019-06-14T08:24:53-07:00March 5th, 2011|California News, Stories & Articles|Comments Off on Pot Dispensaries Turn Against L.A.’s Marijuana Tax Proposal
About the Author: On the Net
The author of this article is
Richard Keyt, an Arizona business law attorney who is the creator of this Arizona medical marijuana law website. Connect with Richard at 480-664-7478 or on Google+