Wednesday, May 29, 2013

San Jose Medical Cannabis Patients See Taxes Rise to Ten Percent

By David Downs
Wed, May 29, 2013 at 10:50 AM

The San Jose City Council raised taxes on medical cannabis sales from 7 to 10 percent this week, the Merc reports.

About 96 clubs are open in the South Bay city, which collects about 4 million dollars per year is pot sales taxes. The City Council is also moving to declare clubs that do not pay sales taxes a public nuisance and shut them down.

Medical cannabis flower top.
  • Medical cannabis flower top.

San Jose has yet to adequately regulate its local dispensaries after voters overturned a de-facto ban with a referendum. More regulations on clubs are expected this Fall.

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