SANTA BARBARA, Calif. (KEYT) – A proposed ordinance that would adjust the tax rates on cannabis businesses in the city of Santa Barbara is under consideration.
The topic was on the agenda at a special Finance Committee meeting on Tuesday.
“The city council directed staff to look at potentially raising the cannabis rate from what it is right now at 6 percent as a way of generating more revenue to pay for essential services that the city provides to this community,” said Finance Director, Keith DeMartini…