Sponsor
Texarkana, Ark. Board of Directors decided to table the Medical Marijuana Fees ordinance until the Next city board meeting.
If the resolution were to pass, to sell medical marijuana in Texarkana, Ark. a business will have to acquire a $7,500 business license. That license will renew yearly at $11,250 + 25% of average inventory value for the last year. A marijuana cultivation operation will require a $50,000 per year business permit.
The ordinance is on the agenda as an emergency item which lets the board vote after only one reading.
