UPDATE: The City Council unanimously agreed to discard a proposed 5 percent tax on medical marijuana while moving forward with a 10 percent proposal on recreational marijuana....
The Portland City Council is expected to move forward with a proposed 10 percent tax on recreational marijuana, while ditching a second option that would also tax medical marijuana, according to a city hall official.
On Wednesday, the City Council will discuss the proposed 10 percent tax on recreational pot, which could generate between $1.7 million and $4 million annually in new revenue. That estimate is intentionally conservative and based on revenue and sales forecasts generated by state officials.
