Measure M will return the regulatory authority to the City Council and allow them to craft a sensible framework for marijuana regulation that focuses on local taxation, enforcement, community safeguards, local jobs and ownership opportunities.
Prop M lays the foundation for:
1. Business licenses;
2. Compliance and oversight;
3. Education;
4. Penalties for violations and illegal businesses;
5. Minority participation; and
6. Tax revenues to benefit the whole community
- A yes vote is a vote in favor of enacting the city council’s ordinance to regulate and tax marijuana in light of Prop. 64, which legalized recreational marijuana statewide. Prop 64 was approved in November 2016 and allowed the city council and mayor to regulate the marijuana industry within the city.
- A no vote is a vote against enacting the city council’s ordinance to regulate and tax marijuana.
For more information on Financial Impact, and to view an Impartial Analysis, go to this link.