L.A. Weighs an Expansion of the Lucrative Marijuana Business
Los Angeles City Council President Herb Wesson is planning on introducing a motion that will direct city staffers to explore a ballot measure that would ask voters to amend marijuana dispensary rules and possibly legalize back-end cannabis businesses in town.
Wesson's motion asks city attorneys and other staffers to weigh ballot language that would "extend Proposition D's gross receipts tax to all marijuana-related businesses."
Proposition D, approved by voters in 2013, outlaws weed retailers but gives limited legal immunity 135 or fewer dispensaries that had been registered with the city since 2007. The motion is expected to be introduced at tomorrow's City Council meeting, Wesson's office says.
The council president is being lobbied by marijuana interests concerned that the city's medical marijuana rules are not in sync with California's Medical Marijuana Regulation and Safety Act (MMRSA), which was signed by Gov. Jerry Brown in December.
MMRSA requires state and...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin