Asked to weigh in on the parameters for allowing storefront cannabis within city limits, the Redwood City Council expressed interest in the development of up to six marijuana retailers. 

During the virtual meeting Monday, the city was recommended to adopt a 4% tax rate for the retail cannabis industry which would bring in a projected $1.3 million in annual revenue if six locations were developed. 

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(2) comments

Tommy Tee

Great idea--the high taxes are good for RWC. They already have a very successful delivery dispensary that's right near the CHP/DMV.

Craig

This will be bad for Redwood City, just as it was for West Hollywood -- which turned bleak fast once they did this.

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