In Woodlake, Cannabis Pays Off

Woodlake residents are riding a wave of bolstered city services less than a year after approving a 1 percent sales tax and a tax on cannabis businesses.

In November, 225 Woodlake residents voted in favor of Measure R — a 1 percent sales tax. Measure S — a cannabis sales tax — passed with more than half of voters in favor.

City officials estimated Measure S could bring upward of $700,000 a year to the city. Measure R is estimated to bring in an extra $430,000 annually. The city has collected $75,000 in Measure R taxes since April 1.

In July, it was announced that Valley Pure, Woodlake's only dispensary, had generated more than $46,000 in sales tax revenue in its first three months of business.

Valley Pure opened its doors in May, giving city officials a fairly accurate number of their sales, said Tony Caudle, manager of Valley Pure.

As a result of the new revenue streams, there’s a new Parks and Recreation Department, at least one new police patrol vehicle, and a revitalization project for the community center underway. More dispensaries and a cultivation project are also expected to set up shop in the next year.

Read more at the Visalia Times-Delta


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Saturday, November 17, 2018 - 16:49

A large pot bust in Trinity County this month resulted in the seizure of over 900 marijuana plants and 5,069 pounds of untested cannabis ready to be sold on the black market.