California didn't legalize it. But L.A. can sure tax it. At least that's the direction the city's headed in after Tuesday's City Council vote that approved a March ballot initiative that will ask for voter approval of a medical cannabis tax.
One more final approval is needed from the council, but Tuesday's 10-4 vote makes the initiative seem like a shoo-in.
The March measure will ask city voters to approve sales taxes of $50 on every $1,000 spent at dispensaries.
But dispensaries are supposed to be "nonprofit collectives." Yeah, right. The City Council knows the deal and it wants its cut.
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Councilwoman Janice Hahn proposed the tax and said it would bring a much needed $3 to $5 million to City Hall.
"Tthis is something we cannot say no to," she said.