New Tax On San Jose Marijuana Dispensaries Taking Effect

SAN JOSE (KCBS/AP) — Just because it’s illegal doesn’t mean you can’t tax it.

That’s the view in San Jose, where a 7-percent tax on marijuana dispensaries takes effect on Tuesday. Pot providers can attend a City Hall seminar on the new tax Monday. They’ll also have to start tracking receipts, although the first payment isn’t due until April 30.

KCBS’ Matt Bigler Reports:

Voters approved the tax last fall and it could add millions of dollars to the city’s empty treasury.

San Jose has about 100 medical marijuana shops. City finance officials issued a memo earlier this month that says all of them violate City Council guidelines that limit them to commercial areas and require them to be at least 500 feet from homes, schools and each other.

(© 2011 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)


One Comment

  1. Chris says:

    Balancing the bidget on the backs of sick people? Good job San Jose. Now please impose these same taxrs on ALL other prescription medicines at ALL pharmacies to make it fair for everyone.

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS San Francisco

Get The New CBS SF Bay Area Local App
Got Our Weather App?

Listen Live