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Pot as City's Revenue Stream

LAION

Active member
Veteran
Pot as City's Revenue Stream

February 25, 2011 - nbcbayarea.com
The tiny California town of Isleton has put its economic hopes in a
medical marijuana basket. Isleton is about 50 miles south of Sacramento
and east of I-5. It's best known for holding a crawdad festival each
year, but tough times forced the city to cancel the event last year.
There was a real concern the city would go bankrupt.



In walks a medical marijuana idea.



To help stop a gaping budget deficit, the city decided to accept a
proposal to allow some city land to be used to grow medical pot.



Delta Allied Growers will build a 4,000-square-foot indoor medical
marijuana nursery on a tiny piece of property inside the Isleton city
limits.



The grower will pay the city either three percent of its profits or
$25,000 -- whichever is bigger. That's a minimum of $300,000 a year of
new revenue, but it could bring in as much as $600,000. Either way it
is a significant bump in the city's general fund.



But wait! There's more:



In addition to the taxes and fees, the growers have agreed to install
security cameras anywhere in town that the Isleton police chief
chooses. It will also buy the police department a new mainframe
computer and new laptops so they can monitor the cameras anytime
anywhere.



The proposal is something no other California city has tried and it
will surely be watched up and down the Golden State.
 

pearlemae

May your race always be in your favor
Veteran
Lets hope it works and given todays economy more and more cities and towns across the nation will see the light or spark. what ever lights your bowl.
 

Eugenics

Member
It's a glimmer of hope, but the other shoe hasn't dropped, either..

When was the last time my/your government did something rational?
 

David762

Member
Thank you, thank you LAION, for this little piece of good news regarding Isleton, CA. :)

In the aftermath of the failure of CA Prop 19 to pass in November 2010, the cacophony of new increasingly repressive measures against Medical Marijuana has been disheartening.

The municipality of Isleton is to be congratulated for their liberal "outside-the-box" solution to an economic reality which is hurting so many localities. If only such a "moment of clarity" would overcome the urge of closet fascists and prohibitionists everywhere to remain in their irrational mode of repressive Police State tactics.

:tiphat:
 

bterzz

Active member
Veteran
"The grower will pay the city either three percent of its profits or
$25,000 -- whichever is bigger. That's a minimum of $300,000 a year of
new revenue, but it could bring in as much as $600,000. Either way it
is a significant bump in the city's general fund."


I thought MMJ was "not-for-profit" ... how are you gonna give the city profits, when you aren't supposed to be making any.

I'm for the idea completely, and its good to see discussion like this rise, I just don't see how the city can give the O-K to break state law.

Would also seem like an easy target for the FEDs?

and I may be missing something, if so feel free to educate me.
 

David762

Member
Zero Profits ==> $25,000.00

Zero Profits ==> $25,000.00

"The grower will pay the city either three percent of its profits or
$25,000 -- whichever is bigger. That's a minimum of $300,000 a year of
new revenue, but it could bring in as much as $600,000. Either way it
is a significant bump in the city's general fund."


I thought MMJ was "not-for-profit" ... how are you gonna give the city profits, when you aren't supposed to be making any.

I'm for the idea completely, and its good to see discussion like this rise, I just don't see how the city can give the O-K to break state law.

Would also seem like an easy target for the FEDs?

and I may be missing something, if so feel free to educate me.

I guess the real question is: Is the municipality counting [ "profits" as (gross income) minus (IRS approved deductions) ]?
:tiphat:
 

keyplay

Active member
ICMag Donor
Hope the Feds don't put their filthy hands in this.....GOOD LUCK Isleton! really hope they are left alone
 

FreezerBoy

Was blind but now IC Puckbunny in Training
Veteran
In addition to the taxes and fees, the growers have agreed to install
security cameras anywhere in town that the Isleton police chief
chooses.

I vote NO.
 

bluekush

Member
this seems along the same lines as the oakland thing and isn't that on the back burner since the feds have been sending letters telling them they would go after them. I guess we will see what happens.
 

TB Gardens

Active member
Veteran
wouldn't that make the town a co-conspirator? once gov't is directly involved and receiving $$ from this in any way, it's going to be much much harder for the FED to stop it. and like others said, if the model works and more towns and cities start following suit ... hello mmj industry
 

Lebniis

Member
Someone is a smart business man extending their hand to the local police department. They took away the "Pot vs. Police" issue with one statement/commitment.


But REALLY?? They offer to put up CAMERAS WHERE EVER?? Jeez.

I wonder what it will feel like when one day we are all used to cameras recording every second of our lives.
 

fido

Active member
sorry.
cops shoundt be able to put cameras anywhere
but their own homes.

look at your own house cops
and leave me the fuck alone.


fido
 

LetsSeeYa

Member
If its legal then let them catch the dealers selling over priced crap to the kids. It will only show how weed smokers are not stealing crap for a fix too. And with that much cash coming in it should snowball................


LSY
 

Dr. Purpur

Custom Haze crosses
Veteran
I live near Isleton. Yeah we need more cameras around here. Id like to take a baseball bat to them.

Yeah get the government involved so they can add sodium fluoride, and aluminum oxide, and some special long lasting carcenogenic pesticides for our safety. They love You
 
I hate this plan. I don't think we need to be bribing police police departments for our ability to do something we should be able to do legally. What's going to happen is small pockets of corruption will build around the state, near medical marijuana facilities. The next application or person to do the same, will be met with resistance to insure a monopoly in the area, just like in Oakland. Grandfathered situations and caps on limits of dispensaries insure only the criminals will step up to start these, because only criminals will take risks despite jail involved to start one, when there are no controls in place to begin with. It's certainly not like cannabis needs to be controlled like alcohol, so a limit of licenses does not make sense. We need full market capitalism and the free markets to take things in the natural direction they would be taken in. I hope it fails.
 
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