Oakland Authorizes Large-Scale Pot Farms, First Major City To Do So

The City Council gave final approval Tuesday to a plan that makes Oakland the first city in the country to authorize large-scale industrial pot cultivation.

The city intends to license four production plants where marijuana would be grown, packaged and processed for medical use.

Under the plan, which would take effect in January, license recipients would be heavily taxed and regulated. They would have to pay the city $211,000 in annual permit fees, carry $2 million in liability insurance and be prepared to devote up to 8 percent of gross sales to taxes.

The measure also would require bidders to meet certain labor, environmental and product safety standards.

However, there would be no size restrictions on the facilities.

Two of the eight City Council members abstained from the vote.

Full Story: Oakland Authorizes Large-Scale Pot Farms, First Major City To Do So.

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