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  • California cities see chance to cash in on marijuana

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    By Robin Respaut SAN FRANCISCO (Reuters) – Californians are expected to pass a ballot measure on Election Day legalizing recreational marijuana, and the prospect has cities and counties seeing dollar signs. Proposition 64 would impose state taxes on the cultivation and sale of marijuana. Economists warn that burdensome taxes and fees on the nascent industry…

  • California cities see chance to cash in on marijuana

    —

    by

    admin
    in

    By Robin Respaut SAN FRANCISCO (Reuters) – Californians are expected to pass a ballot measure on Election Day legalizing recreational marijuana, and the prospect has cities and counties seeing dollar signs. Proposition 64 would impose state taxes on the cultivation and sale of marijuana. Economists warn that burdensome taxes and fees on the nascent industry…