Image via Wikipedia user Alapoet.

published on June 14, 2018 - 1:19 PM
Written by

The Fresno City Council Thursday voted to place a measure on the November ballot that would pave the way to tax cannabis-related businesses in city limits.

Now it will be up to two-thirds of Fresno voters to advance the tax plan, which is expected to generate up to $10 million annually, according to a city report.

The cannabis business license tax would charge pot cultivation businesses up to $12 per square-foot of growing space and up to 10 percent of gross receipts for medical dispensaries and all other cannabis businesses.

Council members Clint Olivier, Oliver Baines and Paul Caprioglio sponsored the resolution. Steve Brandau was a “no” vote on the measure, and Garry Bredefeld — who has been an outspoken opponent of recreational cannabis in Fresno — was not present for the vote.

The council is expected to host a workshop after the lunch break Thursday afternoon to further discuss what Fresno’s pot ordinances might look like.

The tax measure will now go before Fresno voters in November.

In an interview, Baines said he is hopeful Fresno’s pot rules and regulations could be completed by the end of summer.

e-Newsletter Signup

Our weekly poll

Should the City of Fresno give Grizzly Fest a longterm deal for Woodward Park?

Loading ... Loading ...

Central Valley Biz Blogs