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Agenda Item

A-3. 24-391 CC - ACTION ITEM: (1) Consideration of the Finance Advisory Committee's Recommendation to Decrease the Cannabis Business Tax Rate for Cannabis Distribution from 2% to 0%; (2) If Desired, Introduction of an Ordinance Amending Culver City Municipal Code Section 11.32.025.E to Decrease the Cannabis Business Tax Rate for Cannabis Distribution from 2% to 0%, Effective January 1, 2024; and (3) Direction to the City Manager as Deemed Appropriate.