During the upcoming November 8 election, Lynwood voters will have the opportunity to vote on ballot Measure TR which will ask voters to choose whether they would like to establish a tax on cannabis business retailers operating in the City.
If the Lynwood Cannabis Retailer Business License Tax Measure designated as Measure TR is approved by a majority of voters it will establish a 5% tax rate for retail cannabis stores in the City. This tax would be charged only to cannabis business retailers and would not be passed down to consumers to pay. It is estimated that Measure TR would generate $3 million – $6 million annually to help fund projects in Lynwood. All funds obtained from Measure TR would remain in the City.
If Measure TR passes, revenue gained would be allocated to support general City programs like:
- Enhancements to our nine park facilities which span a total of 45 acres
- Senior citizen activities such as clubs and classes
- City beautification efforts including Spring and Fall Clean Up Events
- Enforcement of illegal cannabis operations within the City
- Public safety and housing program improvements
- Increased funding for street repairs
- Homeless reduction efforts
To learn more about the impact of Measure TR and the role of cannabis taxes in the City of Lynwood, voters are encouraged to visit LynwoodMeasureTR.org. This website, dedicated to the measure, shares general information about the measure as well as frequently asked questions and more.