There are an estimated 1,700 marijuana dispensaries in the City of Los Angeles. None are yet officially “legal” and a few of those are in compliance with local ordinances or are paying taxes. L.A. City Controller Ron Galperin says the selling marijuana has been in a kind of legal no man’s land since 1996, when Californians passed Proposition 15, known as the Compassionate Use Act.
“We now, I think, have a great opportunity after the voters passed statewide Proposition 64 in November of last year, and in March of 2017, L.A. voters approved a regulatory framework. So now it’s up to the city council to come up with the right set of rules.”
Galperin says a huge amount of money is at stake.
“It’s estimated that when this is fully legal, starting in January, we’re going to see sales of 700 million dollars a year just in Los Angeles. And that will include the dispensaries, the cultivators, the transporters, the manufacturers, those who are making edibles, the testing laboratories. We are imposing a tax on that and that tax could probably bring to the city 50 million dollars a year, or more.”
The L.A. City Controller’s Office has produced a map showing where all the pot dispensaries – both legal and illegal – are located at www.LAcontroller.org.
L.A. City Controller Ron Galperin was a guest on McIntyre in the Morning.
By Sandy Wells