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Item 22 - Ordinance Second Reading - Commercial Cannabis Amendments
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Item 22 - Ordinance Second Reading - Commercial Cannabis Amendments
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8/14/2023 12:31:46 PM
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8/14/2023 12:31:00 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
22
Date
10/4/2022
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Ordinance No. NS-XXX <br />Page 55 of 68 <br /> <br /> <br />Section 2 (Exhibit A-1), adopted 11-6-18; and Ordinance No. NS-2972, Section 7, <br />adopted 9-3-19)] and by the following resolutions as referenced herein below in <br />subsections (s), (t), and (u). <br />Commercial Cannabis Business Activity Gross Receipts <br />Tax Rate <br />Gross Square <br />Footage Tax <br />Rate <br />Adult-use Cannabis Retail Business (including Delivery) <br />(effective beginning December 21, 2018 through <br />December 31, 2022) <br />8% $ 25.00 <br />Adult-use Cannabis Retail Business (including Delivery, <br />but not including Consumption Lounge and Temporary <br />Consumption and/or Special Events) (effective beginning <br />January 1, 2023) <br />7% $ 25.00 <br />Adult-use Cannabis Retail Business (including Delivery <br />and Consumption Lounge) <br />(effective beginning January 1, 2023) <br />7% $ 25.00 <br />Adult-use Cannabis Retail Business (Temporary <br />Consumption and/or Special Events) <br />(effective beginning January 1, 2023) <br />7% $ 0.00 <br />Qualified Social Equity Adult-use Cannabis Retail Business <br />(including Delivery and Consumption Lounge) <br />(effective beginning January 1, 2023) <br />5% $ 25.00 <br />Qualified Social Equity Adult-use Cannabis Retail Business <br />(Temporary Consumption and/or Special Events) <br />(effective beginning January 1, 2023) <br />5% $ 0.00 <br />Cultivation <br />(effective December 21, 2018 through December 31, <br />2022) <br />6% $ 10.00 <br />Cultivation <br />(effective beginning January 1, 2023) 1% $ 7.00 <br />Distribution <br />(effective December 21, 2018 through December 31, <br />2022) <br />6% $ 4.00 <br />Distribution <br />(effective beginning January 1, 2023) 1% $ 3.00
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