Los Angeles scraps marijuana tax ballot measure

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The Los Angeles City Council on Tuesday abruptly changed course and yanked a proposed cannabis tax ballot measure that was poised to go before voters in November. The tax measure, dubbed the Cannabis Reinvestment Act, would have established a further 1% tax on all gross receipts for commercial marijuana activity, a $5 surcharge for tickets […]

Los Angeles scraps marijuana tax ballot measure is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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