A-2 24-351 (1) Discuss the Committee's Recent Assignment from the City Council to Consider Reducing the Cannabis Business Tax Rate for Cannabis Distribution from 2% to 0%; 2) Develop a Plan to Examine Cannabis Distribution Tax Rates, Form a Recommendation and Prepare a Report for City Council; 3) If Desired, Establish a Cannabis Distribution Tax Ad Hoc Subcommittee; and 4) Provide Direction to Staff. - Culver City, CA

Meeting: FINANCE ADVISORY COMMITTEE on 2023-10-11 7:00 PM

Meeting Time: October 11, 2023 at 7:00pm PDT

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Agenda Item

A-2 24-351 (1) Discuss the Committee's Recent Assignment from the City Council to Consider Reducing the Cannabis Business Tax Rate for Cannabis Distribution from 2% to 0%; 2) Develop a Plan to Examine Cannabis Distribution Tax Rates, Form a Recommendation and Prepare a Report for City Council; 3) If Desired, Establish a Cannabis Distribution Tax Ad Hoc Subcommittee; and 4) Provide Direction to Staff.