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The Nexus
POLITICSMay 29 · 06:51 UTCNBC4 LOS ANGELESHelen Jeong

Proposition CB: What to know about LA city ballot measure

Proposition CB in Los Angeles proposes taxing unlicensed cannabis businesses at the same rates as licensed ones (10% on sales, 5% on medical sales, etc.) to eliminate their price advantage and generate $30-35 million annually for city services. Supporters argue it would create accountability and fund public services, while opponents claim it could legitimize illegal operations and enforcement remains unclear.

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