City Council

A-3. 24-391 CC - ACTION ITEM: (1) CONSIDERATION OF THE\nFINANCE ADVISORY COMMITTEE’S\nRECOMMENDATION TO DECREASE THE CANNABIS\nBUSINESS TAX RATE FOR CANNABIS DISTRIBUTION\nFROM 2% TO 0%; (2) IF DESIRED, INTRODUCTION OF\nAN ORDINANCE AMENDING CULVER CITY MUNICIPAL\nCODE SECTION 11.32.025.E TO DECREASE THE\nCANNABIS BUSINESS TAX RATE FOR CANNABIS\nDISTRIBUTION FROM 2% TO 0%, EFFECTIVE JANUARY\n1, 2024; AND (3) DIRECTION TO THE CITY MANAGER AS\nDEEMED APPROPRIATE.