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Central Point Looks At Marijuana Tax

 

POT LAWS

CENTRAL POINT, Ore. — A state committee is trying to decide how much pot someone could buy if voters approve recreational marijuana. The November┬áballot measure would also allow the state to tax any marijuana.

However, the bill also puts an end to any new city taxes on medical or recreational marijuana, but if cities approve marijuana tax by that time, it will be “grandfathered” in. Central Point has moved a step further to make that possibly at Thursday night’s city council meeting.

The council voted unanimously tonight to have a second reading for an ordinance that will establish tax on marijuana and marijuana infused products.

Following suit with other cities in the area, council members decided to tax five percent on medical marijuana, and 10 percent on any future recreational marijuana sales. The council also discussed possibly raising the percentage at a later time.

The second reading of the ordinance will be august 14.

The city currently has a medical marijuana dispensary moratorium in place until next may.