Saturday, March 5, 2011

Pot dispensaries turn against L.A.'s marijuana tax proposal

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Measure M on Tuesday's ballot would add a 5% marijuana tax to sales at pot dispensaries. Owners of the collectives once supported the idea but are now angry about the upcoming lottery to decide which ones can remain open.

“In Los Angeles, where voters decide Tuesday whether to create a pot tax, medical marijuana activists who once urged City Hall to tax and regulate them are hoping to defeat the proposal, angered by the council's decision to limit the number of dispensaries to 100 and choose them by lottery.”                                                 FULL STORY

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