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(A) The purpose of this article is to adopt a tax, for revenue purposes, pursuant to Cal. Gov’t Code, Sections 37101 and 37100.5, upon cannabis businesses that engage in business in the city. The cannabis business tax is levied based upon business gross receipts and square footage of plant canopy. It is not a sales and use tax, a tax upon income, or a tax upon real property.
(B) The cannabis business tax is a general tax enacted solely for general governmental purposes of the city and not for specific purposes. All of the proceeds from the tax imposed by this article shall be placed in the city’s general fund and be available for any legal municipal purpose.
(Ord. No. 2962)
The intent of this article is to levy a tax on all cannabis businesses that operate in the city, regardless of whether such business would have been legal at the time this article was adopted. Nothing in this article shall be interpreted to authorize or permit any business activity that would not otherwise be legal or permissible under laws applicable to the activity at the time the activity is undertaken.
(Ord. No. 2962)
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