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.READ MORE: Napa Valley Grape Growers Say Dry Year Survivable But Fear Prolonged Drought
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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.MORE NEWS: Fatal Rollover Crash Closes Portion of Highway 101 in San Jose Friday Night
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