Under the plan, which would take effect in January, license recipients would be heavily taxed and regulated. They would have to pay the city $211,000 in annual permit fees, carry $2 million in liability insurance and be prepared to devote up to 8 percent of gross sales to taxes.
The measure also would require bidders to meet certain labor, environmental and product safety standards.
However, there would be no size restrictions on the facilities.Read more »
More than 400 dispensaries are under orders to close in accordance with the city's news medical marijuana ordinance. Eventually, the city hopes to whittle the number of pot shops down to 70 and to limit outlets to industrial areas.Read more »
LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern
Enjoy the new site and thanks for submitting your content!