Business & Tech
Pot Shops: Two Views on City's Crackdown Efforts
Measure M in in the March 8 election asks voters if they think dispensaries should face a 5 percent tax.
Should L.A.'s medical marijuana dispensaries be taxed? That's an issue that voters in Los Angeles will get to decide in next Tuesday's election.
Supporters of Measure M say requiring dispensary operators to pay a tax of 5 percent on their gross receipts could raise $10 million a year for the city's general fund, which is running a $350 million budget deficit in the next fiscal year.
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