Robert Calkin, the president of the Cannabis Career Institute, spoke at an exhibition called Hempcon held in San Bernardino, Calif., last year
Courtesy of Robert Calkin/AP
Lots of people are making money off marijuana sales. Officials in San Bernardino, a Southern California city that filed for bankruptcy in 2012, are wondering whether they might not profit as well.
Officials are considering a proposal floated by City Attorney Gary Saenz to regulate and tax medical marijuana dispensaries.
Saenz — who was talking about stepping up efforts to close 18 illegal dispensaries in the city just last week — now calls eradication both “futile” and expensive.
Acceding to California policy allowing medical marijuana, he says, will move distribution off the black market. He notes that Palm Springs, the only city in California’s Inland Empire that currently allows dispensaries, expects to collect $500,000 annually in taxes from marijuana sellers, despite having a much smaller population.
“The California Board of Equalization, which oversees the state’s sales tax, says once a city approves medical marijuana outlets, it can use the tax revenue any way it wants,” Reuters reports.
The city council is expected to hold a hearing on the matter next month.
“A year ago, I think perceptions were very different on this issue, but I think we’re starting to see the formation of at least some sort of consensus that we need to have some sort of regulation,” Councilman Henry Nickel told the San Bernardino Sun. “I think we’re reaching the tipping point.”
Mohammed Osman Ali, a refugee in Uganda, sorts through spare parts for his video game arcade business.
In most parts of the world, refugees are not allowed to work. But Mohammed Osman Ali is a refugee in…
The House easily approved a deal to help veterans hammered out by Florida GOP Rep. Jeff Miller, left, and independent Sen. Bernie Sanders of Vermont
J. Scott Applewhite/AP
The House voted Wednesday to approve a bill that would address widespread…
The House voted Wednesday to authorize a lawsuit against President Obama, claiming that he has overstepped the limits of his executive authority.
The vote to sue Obama was 225 to 201. Five Republicans voted no, while no Democrats voted in…
4 min 28 sec
Bulleit is one of 50 different brands a food blogger alleges is using whiskey from an Indiana factory.
It’s a good time to be a whiskey maker, and craft whiskeys are all the…
SHANGHAI, July 30, 2014 /Nassau News Live/ — Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China (“Ctrip” or the “Company”), today announced its unaudited financial…
TEMPE, Ariz., July 30, 2014 /Nassau News Live/ – There is still time to share your procurement and supply chain organization’s success. The 10th Annual Institute for Supply Management® – Michigan State University Awards for Excellence in Supply Management is…
Assembly line workers at the Chrysler assembly plant in Sterling Heights, Mich. The economy is getting good marks in the latest data, but some worries about the job market continue.
Five years after the Great Recession ended, where…
RALEIGH, N.C., July 30, 2014 /Nassau News Live/ – Bulk TV & Internet (Bulk TV), a leading provider of television solutions to hotels nationwide announces their partnership with The Umstead Hotel and Spa to provide the DIRECTV Residential Experience (DRE)…
An injured man screams as he is carried to an ambulance following a strike in Gaza City’s Shijaiyah neighborhood on Wednesday
It may have been a tragic case of confusion.
The Israeli Defense Forces declared a four-hour humanitarian…