Laserfiche WebLink
Orozco, Norma <br /> From: Matthew Kim <mkim@ouidconfections.com> <br /> Sent: Friday, July 29, 2022 11:13 AM <br /> To: eComment <br /> Subject: OCAA Cannabis Tax Reduction Recommendation Proposal <br /> RE: July 29, 2022 <br /> Special City Council Meeting Agenda <br /> Item #1, Municipal Code Changes Related to Cannabis <br /> Dear City Council and City Staff: <br /> My name is Matthew Kim and I am a Co-founder and Chief Executive Officer of Oui'd Confections, we <br /> are a licensed cannabis manufacturing and distribution facility in the City of Santa Ana. <br /> As a licensed manufacturer, I am respectfully requesting the following regarding municipal code <br /> changes related to Cannabis. <br /> 1) Bifurcate the Cannabis Tax resolution and set it for city council meeting on August 2, 2022 to <br /> lower cannabis taxes immediately per proposed OCAA recommendations. <br /> 2) Reduce the gross receipts tax on cannabis retail, manufacturing, and distribution businesses <br /> as follows: <br /> Category Current Future <br /> Rate Rate <br /> Adult-use Cannabis Retail 8% / $25 5% / <br /> Business (including Delivery) sqft. $12.50 <br /> sqft. <br /> Distribution 6% / $4 1% / $2 <br /> sqft. sqft. <br /> Manufacturing 6% / $10 1% / $5 <br /> sqft. sqft. <br /> Cultivation 6% / $10 1% / $5 <br /> sqft. sqft. <br /> These are the two most important issues facing me as a cannabis operator in the City of Santa Ana. <br /> Oui'd Confections is a very small business consisting of 4 managers including myself, and no <br /> employees, such tax relief will help us extremely. Our team has a combined 45 years of experience in <br /> Michelin starred restaurants all over the US and we are trying to bring our experiences in cooking and <br /> hospitality to the cannabis industry. This industry consists of mainly large companies where money <br /> may not be an issue, but for companies like us, we are barely surviving to stay afloat. <br /> We believe that creating tax relief will help every small company succeed and that if it starts with <br /> cultivation and manufacturing, it will organically trickle down to distribution and retail. For instance, <br /> 1 <br />