Finally after years and years trying to get Cannabis legalized against the politicians in Sacramento, finally the People had to have a referendum vote to make medical cannibis legal; THE POLITICIANS IN CALIFORNIA FOUGHT AGAINST THIS! Now the same politicians who fought against the wishes of the PEOPLE are trying [and doing] to ruin what the PEOPLE wanted. We do not need new taxes to be blown by politicians on cannabis police, why isn’t this money set aside for the medical discovery of the Medical Properties of Cannabis? All the money goes to the political whores in California that have made California a pauper state ranked 47th behind Mississippi. California used to be the 7th largest economy in the world but with the thugs and criminals in Sacramento they have made California a state full of the poor. None of the tax money should go to the General Fund where it will be wasted and stolen, let this money be spent on research for the medical uses of Cannabis. This law has been passed to rip off the people who have fought long and hard, the money should not go to those in politics that have ruined what was once good and fine, California Politicians can not be trusted with this type of money. Vote out of office those that put this crap together, stop the incarcerations, make Cannibis a class 2 or class 3 herb, stop this ripoff. Senator McGuire who voted against medical cannabis should be voted out of office for this, Cannabis Tax Money should go to research not to the criminals in Sacramento.
"Sen. McGuire introduces medical marijuana sales tax
Thursday, 11 February 2016 03:02 Lake County News reports
  
NORTHERN CALIFORNIA – On Wednesday Sen. Mike McGuire introduced the Marijuana Value Tax Act, a bill that would place a 15-percent tax at the point of sale on medical marijuana. “We made a commitment last year as we were working through the huge undertaking of setting statewide regulations for medical marijuana that we would follow up on a statewide excise tax,” McGuire said. “This needed revenue will make our communities stronger by focusing on the impacts of cultivation and use of marijuana, including funding local law enforcement and neighborhood improvement programs, state parks, drug and alcohol treatment and environmental rehabilitation.” The state Board of Equalization estimates the total sales of medical marijuana in California at well over $1 billion statewide, and they expect that to soar once the new rules and regulations that Sen. McGuire authored last year begin to kick in. The 15-percent Marijuana Value Tax Act is expected to bring in more than $100 million in new revenue, which will likely grow substantially in a short period of time. Under SB 987, 30 percent of all revenue from the Marijuana Value Tax will go to the Bureau of Medical Marijuana Regulation to distribute via grant programs designed specifically for local agencies who oversee the regulation of cultivation, processing, manufacturing, distributing and sale of marijuana. The funds would be available to any city or county agency/department including law enforcement. Per the legislation, no more than 5 percent of these funds may be used for administration of the grant program by Bureau of Medical Marijuana or the local agency. Additionally, 30 percent of funds will go to the state’s General Fund; 20 percent of all revenue from the Marijuana Value Tax will go directly to State Parks for operations and to tackle their $1 billion deferred maintenance backlog; 10 percent to the California Natural Resource Agency for the restoration and remediation of public and private lands and watersheds damaged by marijuana cultivation; and 10 percent to counties for drug and alcohol treatment programs. “Now that there is a long overdue regulatory framework put into place, it’s time to help fund the areas that are most affected by the cultivation – those communities that have long been paying the price of the negative effects of cultivation brought on by the ‘bad actors’ who destroy the environment and bring in crime,” McGuire said. While McGuire’s legislation would only apply to medical marijuana, the 15 percent excise tax rate mimics the tax rate that is in the leading recreational marijuana ballot initiative. Other states, including Colorado, Oregon, Washington and Alaska already have sales taxes in place for medical marijuana. SB 987 also ensures that cities and counties will continue to be able to enact their own local taxes and fees. Last year, McGuire passed SB 643 – The Medical Marijuana Regulation and Safety Act – that was part of a historic three-bill package covering every aspect of the commercial medical marijuana industry which will be regulated and subject to license."
"To be able to tax is the ability to ruin", George Washington.
"Sen. McGuire introduces medical marijuana sales tax
Thursday, 11 February 2016 03:02 Lake County News reports
  
NORTHERN CALIFORNIA – On Wednesday Sen. Mike McGuire introduced the Marijuana Value Tax Act, a bill that would place a 15-percent tax at the point of sale on medical marijuana. “We made a commitment last year as we were working through the huge undertaking of setting statewide regulations for medical marijuana that we would follow up on a statewide excise tax,” McGuire said. “This needed revenue will make our communities stronger by focusing on the impacts of cultivation and use of marijuana, including funding local law enforcement and neighborhood improvement programs, state parks, drug and alcohol treatment and environmental rehabilitation.” The state Board of Equalization estimates the total sales of medical marijuana in California at well over $1 billion statewide, and they expect that to soar once the new rules and regulations that Sen. McGuire authored last year begin to kick in. The 15-percent Marijuana Value Tax Act is expected to bring in more than $100 million in new revenue, which will likely grow substantially in a short period of time. Under SB 987, 30 percent of all revenue from the Marijuana Value Tax will go to the Bureau of Medical Marijuana Regulation to distribute via grant programs designed specifically for local agencies who oversee the regulation of cultivation, processing, manufacturing, distributing and sale of marijuana. The funds would be available to any city or county agency/department including law enforcement. Per the legislation, no more than 5 percent of these funds may be used for administration of the grant program by Bureau of Medical Marijuana or the local agency. Additionally, 30 percent of funds will go to the state’s General Fund; 20 percent of all revenue from the Marijuana Value Tax will go directly to State Parks for operations and to tackle their $1 billion deferred maintenance backlog; 10 percent to the California Natural Resource Agency for the restoration and remediation of public and private lands and watersheds damaged by marijuana cultivation; and 10 percent to counties for drug and alcohol treatment programs. “Now that there is a long overdue regulatory framework put into place, it’s time to help fund the areas that are most affected by the cultivation – those communities that have long been paying the price of the negative effects of cultivation brought on by the ‘bad actors’ who destroy the environment and bring in crime,” McGuire said. While McGuire’s legislation would only apply to medical marijuana, the 15 percent excise tax rate mimics the tax rate that is in the leading recreational marijuana ballot initiative. Other states, including Colorado, Oregon, Washington and Alaska already have sales taxes in place for medical marijuana. SB 987 also ensures that cities and counties will continue to be able to enact their own local taxes and fees. Last year, McGuire passed SB 643 – The Medical Marijuana Regulation and Safety Act – that was part of a historic three-bill package covering every aspect of the commercial medical marijuana industry which will be regulated and subject to license."
"To be able to tax is the ability to ruin", George Washington.
