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Old 07-22-2009, 10:14 AM
 
Location: Texas
14,975 posts, read 16,459,826 times
Reputation: 4586

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Oakland to tax marijuana to fill budget shortfall - Stocks & economy- msnbc.com

Quote:
OAKLAND, Calif. - Oakland residents overwhelmingly voted Tuesday to approve a first-of-its kind tax on medical marijuana sold at the city's four cannabis dispensaries.

Preliminary election results showed the measure passing with 80 percent of the vote, according to the Alameda County Registrar of Voters.

The dispensary tax was one of four measures in a vote-by-mail special election aimed at raising money for the cash-strapped city. All four measures won, but Measure F had the highest level of support.
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