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(a) The license fee for a Cannabis Consumption Permit shall be paid annually on or before March 31, in accordance with the provisions of Section 76.1 of the Business and Tax Regulations Code.
(b) The annual license fee for a “Prepackaged Cannabis Products – No Preparation” Cannabis Consumption Permit shall be $800.
(c) The annual license fee for a “Limited Preparation of Cannabis Products” Cannabis Consumption Permit shall be $1,000.
(d) The annual license fee for a “Cannabis Smoking” Cannabis Consumption Permit shall be $1,200.
(e) Beginning with fiscal year 2018-2019, the annual license fees set pursuant to this Section 8A.5 may be adjusted each year on July 1, without further action by the Board of Supervisors. Not later than April 1 of each year, the Controller shall determine whether the current fees have produced or are projected to produce revenues sufficient to support the costs of licensing-related activities, and that the fees will not produce revenue that is significantly more than the costs of providing such services. The Controller shall, if necessary, adjust the fees upward or downward for the upcoming fiscal year as appropriate to ensure that the program recovers the costs of operation without producing revenue that is significantly more than such costs. The adjusted rates shall become operative on July 1.