SLO County’s cannabis program more than $1 million in the red

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SLO County’s cannabis program more than $1 million in the red
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By KAREN VELIE San Luis Obispo County tax payers will pay more than $1 million during the current fiscal year to fund the county’s failing cannabis industry, according to the Sept. 27 Board o…

San Luis Obispo County tax payers will pay more than $1 million during the current fiscal year to fund the county’s failing cannabis industry, according to the Sept. 27 Board of Supervisors agenda.

Supervisor Dawn Ortiz-Legg in June suggested a cannabis tax freeze in order to allow the industry to prosper. She also wanted to expand the delivery hours from 8 p.m. to 10 p.m. and to permit retail stores in order to generate more fee and tax revenue.On June 20, the board voted to lower the cannabis tax rate to 6% rather than raising it to a voter approved 10%, with Arnold dissenting.

During Tuesday’s meeting, the SLO County Board of Supervisors is scheduled to discuss amending its cannabis ordinance to allow retail marijuana shops in the county and to extend delivery hours until 10 p.m.

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