Los Angeles Referendum Set for New Marijuana Regulations

With California voters having legalized recreational marijuana last November, and medical marijuana having been legal for many years, Los Angeles (like Denver with the encouragement of Colorado voters) is pioneering how the rest of the country could beneficially regulate and tax cannabis.

City leaders in Los Angeles are asking voters to approve Proposition M, a wide ranging measure that would establish a new licensing structure, lower the tax on medical marijuana, levy a tax on newly legal recreational marijuana and encourage opportunities for minorities in the growing marijuana industry. Proposition M has the support of the marijuana industry, elected city officials and traditional

source http://www.omnipopmag.com/2017/03/07/los-angeles-referendum-set-for-new-marijuana-regulations/