Under new laws, Oakland’s tax was raised to 5% and Long Beach set theirs at 15%.
From the Los Angeles Times:
California voters did not buy the argument that marijuana should be legalized and controlled like alcohol, but many agreed that it should be taxed like it. Voters in 10 cities around the state on Tuesday overwhemingly passed local measures to tax sales of medical and recreational pot.
Supporters of Proposition 19, the measure to legalize marijuana, had hoped the lure of new tax revenue in the midst of a severe economic crisis would out appeal to voters. It did, but not enough to persuade them to back the controversial initiative.
Read the full article here.