Five Reasons Your Margins May Be Wrong, and How to Fix Them - Register for Our Free Webinar
Five Reasons Your Margins May Be Wrong, and How to Fix Them - Register for Our Free Webinar
California's Simi Valley, Thousand Oaks Place Cannabis Business Tax Measures on November Ballots | Cannabis Business Times

Sign in or create a free Cannabis Business Times account to continue reading

Continue to Site »
Site will load in 15 seconds

California's Simi Valley, Thousand Oaks Place Cannabis Business Tax Measures on November Ballots

The measures will ask voters whether marijuana businesses in their respective towns should be taxed.


The Simi Valley and Thousand Oaks city councils have placed measures on their cities’ Nov. 6 ballots that will ask voters whether marijuana businesses in their respective towns should be taxed.

The two east Ventura County councils voted to do so last week.

Simi Valley thus far is not allowing any marijuana businesses in the city. Thousand Oaks is permitting one medical marijuana dispensary and one marijuana testing facility

In west Ventura County, meanwhile, the Oxnard City Council also voted last week to place a marijuana business tax measure on the city’s Nov. 6 ballot. Oxnard this year approved medical marijuana deliveries in the city.

Currently, the cities’ measures would pass if approved by a simple majority of voters. But, if a proposed statewide ballot measure, the Tax Fairness, Transparency and Accountability Act, makes it onto the November ballot and passes by a two-thirds margin, all proposed local tax measures would also need to pass by a two-thirds vote. The act would retroactively apply to all 2018 local tax measures.

Read more

Page 1 of 512
Next Page