A. There is hereby imposed on every Cannabis Business in the City, excluding Commercial Cannabis Cultivation, an annual tax at a rate to be established from time to time by ordinance or resolution of the City Council. The tax for all Cannabis Businesses, excluding Commercial Cannabis Cultivation businesses, shall be imposed with respect to the Gross Receipts of such businesses within the range of five percent up to a maximum of 15 percent of the business’s Gross Receipts. The tax imposed under this section shall be due and payable as provided in CVMC 5.21.120. The tax upon Commercial Cannabis Cultivation businesses shall be imposed as provided in CVMC 5.21.060.

B. The City Council may by resolution, in its discretion, implement a tax rate lower than the maximum rate established in subsection (A) of this section for all Persons engaged in a Cannabis Business in the City, or establish differing tax rates for different categories of Cannabis Business, including, without limitation, for medical versus Adult Use. The City Council may, by resolution, also decrease or increase any such tax rate from time to time; provided, that the tax rate shall not, at any time, be below the minimum, or above the maximum, tax rates established in subsection (A) of this section.

C. Cannabis Businesses subject to the tax imposed by subsections (A) and (B) of this section shall also register and pay the registration fee described in CVMC 5.21.070, and shall comply with Chapter 5.19 CVMC, except that they shall be exempt from paying the general business tax imposed by Chapter 5.04 CVMC. Any Cannabis Business not subject to the tax imposed by subsections (A) and (B) of this section is subject to the general business tax imposed by Chapter 5.04 CVMC, except as otherwise provided by this Code, including CVMC 5.21.060, or other applicable law. (Ord. 3434 § 1, 2018).