City Council

(4)\n26-1100-S1\nORDINANCE SECOND CONSIDERATION relative to a ballot measure\nregarding cannabis business taxes and applying the taxes to\nunlicensed cannabis businesses.\nRecommendation for Council action, SUBJECT TO THE APPROVAL\nOF THE MAYOR:\nPRESENT and ADOPT the accompanying ORDINANCE dated,\nFebruary 5, 2026, calling an Election on Tuesday, June 2, 2026, for\nthe purpose of submitting to the voters of the City of Los Angeles a\nballot measure regarding cannabis business taxes and applying the\ntaxes to unlicensed cannabis businesses.\nFiscal Impact Statement: None submitted by the City Attorney. Neither\nthe City Administrative Officer nor the Chief Legislative Analyst has\ncompleted a financial analysis of this report.