Maryville City Council passed its first ordinance of the year with the approval of a 3% sales tax on adult-use marijuana within the city to appear on the April 4 municipal election ballot.
After Missouri voters passed Amendment 3 in the Nov. 8 election, the use of recreational marijuana officially became legal Dec. 8. With the passed amendment, cities are allowed to impose a tax on all tangible personal property retail sales of marijuana if approved in the election.
City Manager Greg McDanel said this is not unheard of, as there are at least a couple dozen of cities looking at imposing a tax on recreational marijuana on the April ballot. City Clerk Stacy Wood said there have been multiple cities that have reached out to the city to share its tax ordinance.
“I believe research probably shows in Colorado that the communities that passed the sales tax earlier on were in a better position to go ahead and take advantage of the initial sales tax,” McDanel said.
If the sales tax passes, the Missouri Cannabis Trade Association estimates it to bring in nearly $13,000 a month in revenue for the city, around $150,000 annually.
“The additional revenue would go to the General Fund, which supports critical services — police, fire, street maintenance in the city of Maryville,” McDanel said.
After discussion in the last two Council…