Measure Hmp - City of Santa Monica
Shall the measure to establish a business tax on every licensed cannabis business (including adult-use nonmedicinal cannabis retailers, distribution, manufacturing, cultivation, laboratory testing, or any other licensed cannabis business) and retailers of products containing psychoactive cannabinoids including derived from industrial hemp, up to 10% of gross receipts on cannabis and/or hemp-derived psychoactive products sold in the City, which all together could generate an estimated $3-5 million annually until repealed be adopted?
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