Marijuana flowers and buds are displayed at the Kind People’s Collective in Santa Cruz County. Voters may have decided on Tuesday whether to approve a new business tax of up to 10 percent for medical marijuana businesses in the city and county.
Photo credit KindPeoples Collective
SANTA CRUZ – Medical marijuana dispensaries in the city and unincorporated county of Santa Cruz may see the cost of doing business go up.
Voters weighed in on measures K and L, which call for a 7 percent tax on dispensaries’ revenue with the option to increase to 10 percent. The yes votes built an insurmountable lead with 77 percent for the county and 82 percent for the city on Tuesday.
However, more than 10,000 absentee ballots were delivered Tuesday and provisional ballots also need to be counted.
The results are still to come.
Both measures require a simple majority vote. If they pass, Santa Cruz would join a number of local governments in California that tax marijuana sales, including San Jose, which taxes 7 percent.