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Calif. Medical Marijuana Regulation Bills Advance | Cannabis Business Times

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Calif. Medical Marijuana Regulation Bills Advance


Bills from North Coast lawmakers to tax and regulate medical marijuana advanced this week in the state capitol with bipartisan support in the Legislature.

Two proposals — tax measures from state Sen. Mike McGuire and Assemblyman Jim Wood, both Healdsburg Democrats — won the required two-thirds majorities in their respective houses and move on for further consideration.

McGuire’s bill, SB 987, would place a 15 percent sales tax on medical cannabis. It would come in addition to an existing 8 percent tax and is expected to generate more than $100 million. About a third of the money would go to cities and counties for costs associated with medical pot.

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