Title
Adopt a resolution authorizing the County of Monterey to:
a. Approve the Joint Exercise of Powers Agreement establishing the California Cannabis Authority;
b. Authorize the Board of Supervisors to execute the Joint Exercise of Powers Agreement on behalf of the County of Monterey; and
c. Appoint a County representative to serve as a member of the Authority's Board of Directors and two representatives to serve as alternates.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Adopt a resolution authorizing the County of Monterey to:
(a) Approve the Joint Exercise of Powers Agreement establishing the California Cannabis Authority;
(b) Authorize the Board of Supervisors to execute the Joint Exercise of Powers Agreement on behalf of the County of Monterey; and
(c) Appoint a County representative to serve as a member of the Authority's Board of Directors and two representatives to serve as alternates.
SUMMARY:
The California Cannabis Authority ("CCA") is a Joint Powers Authority created by contract between counties with cannabis regulatory and/or taxing authority. The purpose of the organization is to develop and manage a statewide data platform that will gather, collect and analyze information from a variety of data sources into one resource, to help local governments ensure cannabis regulatory compliance and also provide necessary information to financial institutions that wish to work with the cannabis industry.
DISCUSSION:
The CCA will collect and process cannabis permitting and taxation data from the State and from member jurisdictions. Cities and other public entities will be allowed to participate in the JPA and access data, but will not be part of its governance structure. The CCA will be funded by a fee to be developed by the JPA governing board, calculated for each entity, and dependent upon the total sales within the jurisdiction. This amount will be commensurate with the amount of data generated, and therefore equita...
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