Oakland has always been a leader in the fight for cannabis legalization. Back in 2007, it became the home of the nation’s first cannabis college and as of Tuesday, will become the first city in the nation to have a business-tax category for cannabis operations.
The new measure places a 1.8 percent tax on the four licensed medical pot dispensaries in Oakland. Many club owners see this as a step toward legitimization of the pot industry, and California sees it as a way of getting some extra moolah. Marijuana is California’s biggest cash crop after all.
Although California’s 800 or so pot clubs also are expected to pay state sales tax, Oakland is the first city in the country to create a special tax on marijuana sales. In honor of the passage of the bill, students at Oaksterdam University passed out hand-rolled marijuana cigarettes. Where were we?
Tags:marijuana tax, measure F, oakland, oaksterdam universtity, pot, weed
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