San Diego Could Create Its Own Cannabis Business Improvement District

San Diego could soon be home to the nation’s first city-sanctioned business improvement district for cannabis.

The idea received unanimous support from the City Council's Economic Development and Intergovernmental Relations Committee on Nov. 20. It must now go before the full Council, which could happen as soon as February. If approved by the Council and mayor, it would then need majority support from cannabis retail outlets.

The new agency would be similar to the San Diego Tourism Marketing District, which uses hotel revenues to promote tourism. Cannabis dispensaries would contribute 0.33% of their gross revenues to the district, which would be spent on a concerted effort to stamp out unfair competition from the black market.

"We see the black market as still a huge problem for the industry," Rocky Goyal, owner of Apothekare in Mission Valley, told KPBS. "This doesn't affect one shop, it affects all of us equally and together." 


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Policy

Tuesday, January 19, 2021 - 14:57

Two years after the federal government legalized industrial hemp production, the U.S. Department of Agriculture (USDA) has finalized federal regulations for the crop.