Ventura appears to turn out to be the most recent metropolis in Ventura County to permit industrial hashish companies.
Now that town’s Measure I to tax such companies seems to have been accredited by voters in the Nov. 3 election, the Metropolis Council on Monday night time is anticipated to introduce an ordinance to allow the institutions to open beginning subsequent yr.
The ordinance was contingent on the measure passing.
Presently, town’s zoning ordinance prohibits industrial hashish makes use of, apart from deliveries, which the state requires cities to permit.
However the metropolis now needs the hashish companies to allow them to generate tax revenues to assist fund metropolis companies.
A restricted variety of such companies can be allowed: a most of two retail and 5 industrial – manufacturing, testing labs and distribution.
Cultivation, nevertheless, would proceed to be prohibited.
“Implementation of the proposed industrial hashish program, together with the lately voter-approved gross sales tax, is projected to offer a brand new income supply for town,” a employees report back to the council states.
“If the utmost variety of companies are allowed, the estimated annual tax income can be about $400,000, with the majority of the income from the retail hashish companies,” the report says. “The annual income may very well be higher relying on the scale and success of the retail institutions.”
If the ordinance is launched Monday night time, it is scheduled to be adopted by the council Dec. 7 and go into impact Jan. 7, which is when the companies might begin making use of to town.
Had Measure I failed, the Metropolis Council would have deserted its plans to start out permitting the industrial hashish companies.
However within the newest semi-official closing outcomes Thursday, the measure was profitable formidably: 42,251 votes, 71.86% of the whole, in favor; 16,548 votes, 28.14% of the whole, towards.
The measure would tax hashish
and hemp companies at annual charges to not exceed $10 per cover sq. foot for cultivation – adjustable for inflation – 8% of gross receipts for retail hashish companies and 4% for all different hashish companies.
Peter Gilli, town’s group growth director, mentioned though cultivation will proceed to be prohibited by town, Measure I proposes taxing any future cultivation companies simply in case the state in some unspecified time in the future mandates that cities permit them, simply because it requires cities to allow hashish deliveries.
Whereas hemp companies are at the moment allowed by town, there have been no purposes to open one, in keeping with metropolis information, Gilli mentioned in late October.
Business hashish companies have been accredited by another cities in Ventura County, together with Port Hueneme, Oxnard and Thousand Oaks.
A number of dispensaries have opened in Port Hueneme, however none but in Oxnard or Thousand Oaks. Thousand Oaks’ accredited dispensaries are for medical marijuana.
A hashish testing facility accredited by Thousand Oaks hasn’t opened but both.
A measure on the Nov. 3 poll to permit industrial manufacturing of marijuana in greenhouses in unincorporated areas of the county was additionally headed for victory.
In the most recent returns Thursday, Measure O had 227,395 votes, 57.22% of the whole, in favor, with 170,038 votes, 42.78% of the whole, towards.
Mike Harris covers the cities of Moorpark, Simi Valley, Thousand Oaks and Ventura, in addition to transportation countywide. You may contact him at firstname.lastname@example.org or 805-437-0323.
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