Pubdate: Fri, 23 Jul 2010 Source: Record Gazette (CA) Copyright: 2010 Record Gazette Contact: http://www.recordgazette.net/ Details: http://www.mapinc.org/media/5090 WHERE THE MONEY IS, MAN What's abundantly clear is that there is big money in marijuana. We had always suspected that, of course, because so many people have risked arrest by selling illegal weed over the years, and many are still going to jail for it. It seems the City of Beaumont has come to that conclusion as well - about how lucrative the medical marijuana business really is. The City Council appears ready to permit sales of medical marijuana in a section of the city, with a battery of regulations controlling them, including that distributors stay 500 feet from schools. The city will likely smack these distributors with a $1,000-a-day "franchise fee." Now any outfit able to pay about $360,000 a year in local fees is a business generating big money. No wonder these medical marijuana joints are springing up all over under the state's Compassionate Use Act, which allows sales. What business in Beaumont, Banning, or in any city - except perhaps Walmart - could afford what is essentially a local tax of $1,000 a day? There are unanswered questions in the Beaumont pot proposal, such as where this medical marijuana will come from. We aren't jumping on the medical pot bandwagon. Still, we won't criticize Beaumont's elected leaders if they do. This question was settled in a statewide vote about 15 years ago. Beaumont has shown itself to be a progressive city. Remember, it had a local business stimulus plan before the feds did. One thing is clear, and it is obvious to Beaumont, that if the city is going to allow medical marijuana to be sold to people who have a doctor's order, the legal sales should be "taxed" at such a rate as to minimize the financial impact on the city, in such areas as regulatory oversight and added police services. - --- MAP posted-by: Jo-D