SAN FRANCISCO — Oakland voters resoundingly approved a tax increase on medical marijuana Tuesday evening, the first such tax of its kind in the nation.
The measure will levy an $18 tax for every $1,000 in gross marijuana sales. Firms in the city now pay a $1.20 business tax on each $1,000 in sales. Other cities may soon follow suit. Voters approved the measure by a margin of 80%, according to preliminary results released by the Alameda County Registrar of Voters.
Oakland City Councilwoman Rebecca Kaplan, who co-sponsored the measure, said it could generate $1 million in annual revenue.
The city administrator places the estimate at about $300,000.
The Los Angeles City Council proposed a medical marijuana tax July 15, and Kaplan said Berkeley and San Francisco may consider similar legislation.
"Oakland will show that this can work if it's done right," said Keith Stephenson, executive director of the Purple Heart Patient Center.