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Measure M

(credit: AP)

Early Returns Suggest Voters Favor Taxing Marijuana Dispensaries

Time to be blunt! The cash-strapped city of Los Angeles could soon have a new source of revenue, with early returns from Tuesday’s election indicating voters strongly favor taxing medical marijuana dispensaries.

CBS2 / KCAL9–03/08/2011

medical pot shop

Dispensary Coalition Slams Proposed Tax On Medical Pot

If voters approve Measure M, the city will start collecting $50 out of every $1,000 in dispensaries’ gross receipts.

02/23/2011