Saturday, February 26, 2011
MARIJUANA NEWS: OLDCATMAN-XXX 022611
Arnie, EXACTLY!
Some cities just don't get the effect on city coffers by banning dispensaries.
Some of the folks in these cities, voted out dispensaries, thinking they were banning POT in their dumb ass little town.
They did this in my little town, resulting ONLY in creating 2 MORE vacant stores on main street and whatever tax revenues they would have generated ARE GONE!
My prescription to buy marijuana and who I buy it from, are STATE OF COLORADO permits, so my little town and it's dumbass wisdom can go get fucked!
Cities, counties, states: LIVE AND LEARN!!
Oldcatman
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****Pot as City's Revenue Stream.
(Will weed become a city's windfall?)
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.
AP
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