The city of Oakland will now become the first municipality in the nation to formally tax marijuana. A resounding 80 percent of the votes in a special write in amendment were cast in favor of the pot tax provision.
Scheduled to come into effect on New Year's day the new tax will add more than a quarter million bucks to the cash-strapped city's coffers.
Known as Measure F, the tax will affect all pot clubs in Oakland. There are more than 800 pot clubs in California that are ripe for taxation by the state.