The Housing and Economic Development Committee, Sept 8, provided input and comments on the Oxnard Cannabis Equity Program, with consideration on how to allocate the one percent local equity donation.
The report included programs and recommended percentages; and provided input on advancing a cannabis cultivation ordinance. Voters approved revenue from a cannabis tax in Nov 2018, creating revenue for the city's general fund.
The Oxnard City Council received a presentation regarding the city's conceptual Cannabis Equity Program on July 30, 2019. The city opened the cannabis manufacturing, testing, and distribution window in November 2019. During the approximately 60-day application window, it received no testing applications.
The city received five distribution applications and six manufacturing applications. On Jan 17, 2020, they selected five manufacturing applicants and three distribution applicants (the max per type based on Council's July 30, 2019 direction). Of those eight applications, five applicants submitted for a development design review.
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