Lompoc residents have third item on recall election ballot: potential cannabis tax increase
LOMPOC, Calif. – Lompoc is one of the cities that will have three questions on the California gubernatorial recall election.
Voters will see Measure Q on the ballot which will determine whether to increase general taxes on cannabis manufacturing and distribution or not.
According to the City of Lompoc, if approved by a majority of voters, general taxes would increase on cannabis manufacturing and distribution within Lompoc and make various changes in Lompoc's cannabis tax regulation.
The city said that increase is estimated to annually generate $1.2 million in city revenue.
Dispensaries that have gross revenue under $2 million pay a $15,000 fee, anything over $2 million is a $30,000 flat fee.
To read more about Measure Q, click here.