Los Angeles Voters Approve Measure M to Regulate the Marijuana Industry
Yesterday, Los Angeles voters overwhelmingly approved Measure M, a city-sponsored measure that gives city officials new tools to regulate the marijuana industry. The measure allows the city to repeal the current Proposition D ban on medical marijuana dispensaries and replace it with new rules for pot businesses. The city will now be able to impose gross-receipt taxes on all cannabis businesses, from manufacturing to delivery services to sales. Measure M also gives Los Angeles
