Business

Councilmember Taylor Submits Cannabis Tax Relief Focused on Equity and Small Businesses

Published

5 years ago

October 10, 2019

Oakland City Councilmember Loren Taylor wants to incentivize Cannabis Business operators to help the city reach its goals of hiring those who live in Oakland and those who were adversely affected by incarceration from drug activities.

Although the revenues for 2018-2019 have grossed more than $13.8 million for the general fund that helps to fund police, homeless services, public works and other functions, “there is a need to make sure we honor our commitments to diversity in the workforce of this industry as well,” said Taylor.

Taylor wants data that measures who benefits because “if you can’t measure, you can’t improve.”

He cited how SB1294 provided $millions in grants to Oakland, yet some of the money (approximately $200,00) is just sitting in an account.

Taylor also acknowledged that achieving true equity throughout the vertically integrated industry is difficult but he is hopeful that the new cannabis entrepreneurs are willing, “With some tax rebate incentives we can close the gaps.”

He introduced a draft ordinance to the City’s Finance Committee on Oct. 8 that aims to improve upon Oakland’s Cannabis Equity Program and make it more successful.

“As Oakland builds on the work that has already been done, I aim to direct our collective knowledge towards a cannabis solution that focuses on equity and small businesses,” said Taylor. “I have heard from many different stakeholders on this critical issue and know we must incentivize the behaviors we wish to see.”

In June of this year there was a proposed across-the-board tax reduction for cannabis businesses, but Loren recognized that advancing this proposal would merely exacerbate the status quo in the cannabis industry : the fast growth of companies whose majority white- ownership and employee base does not reflect the diversity of Oakland nor provide meaningful wealth creation opportunities for the intended targets of its Cannabis Equity Program – Oakland’s Black and Latino residents who have been significantly negatively impacted by the war on drugs.

Taylor’s proposal ensures that business tax relief is tied to the behaviors and outcomes he believes will deliver on Oakland’s stated priorities. These priorities are::

1. Repairing the harm cause by local, state and federal governments’ past actions (e.g., the war on drugs that had a disproportionate impact on the Black Community)

2. Increasing the quality of life for all Oakland workers

3. Driving greater business opportunities for Oakland businesses

To see a video of Councilmember Taylor’s presentation to the Finance Committee, visit http://oakland.granicus.com/MediaPlayer.php?view_id=2&clip_id=3400&meta_id=283804

J Barry Washington

Posts by J Barry Washington

Up Next

Opinion: To His Wealthy Donors, Trump is Their Grifter

Don't Miss

Love the Way You Look in Love, Iguehi Designs

J Barry Washington

Click to comment

Activism

Oakland Post: Week of December 25 – 31, 2024

The printed Weekly Edition of the Oakland Post: Week of December 25 – 31, 2024

Published

2 hours ago

December 26, 2024

Oakland Post

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Oakland Post

Posts by Oakland Post

Bay Area

Glydways Breaking Ground on 14-Acre Demonstration Facility at Hilltop Mall

Glydways has been testing its technology at CCTA’s GoMentum Station in Concord for several years. The company plans to install an ambitious 28-mile Autonomous Transit Network in East Contra Costa County. The new Richmond facility will be strategically positioned near that project, according to Glydways.

Published

2 days ago

December 24, 2024

Oakland Post

Image of planned Richmond facility courtesy of Glydways.

The Richmond Standard

Glydways, developer of microtransit systems using autonomous, small-scale vehicles, is breaking ground on a 14-acre Development and Demonstration Facility at the former Hilltop Mall property in Richmond, the Contra Costa Transportation Authority (CCTA) reported on social media.

Glydways, which released a statement announcing the project Monday, is using the site while the mall property undergoes a larger redevelopment.

“In the interim, Glydways will use a portion of the property to showcase its technology and conduct safety and reliability testing,” the company said.

The new Richmond development hub will include “over a mile of dedicated test track, enabling Glydways to refine its solutions in a controlled environment while simulating real-world conditions,” the company said.

Visitors to the facility will be able to experience on-demand travel, explore the control center and visit a showroom featuring virtual reality demonstrations of Glydways projects worldwide.

The hub will also house a 13,000-square-foot maintenance and storage facility to service the growing fleet of Glydcars.

“With this new facility [at the former Hilltop Mall property], we’re giving the public a glimpse of the future, where people can experience ultra-quiet, on-demand transit—just like hailing a rideshare, but with the reliability and affordability of public transit,” said Tim Haile, executive director of CCTA.

Janet Galvez, vice president and investment officer at Prologis, owner of the Hilltop Mall property, said her company is “thrilled” to provide space for Glydways and is continuing to work with the city on future redevelopment plans for the broader mall property.

Richmond City Manager Shasa Curl added that Glydways’ presence “will not only help test new transit solutions but also activate the former Mall site while preparation and finalization of the Hilltop Horizon Specific Plan is underway.

Oakland Post

Posts by Oakland Post

Activism

2024 in Review: 7 Questions for Outgoing Stockton Mayor Kevin Lincoln

Lincoln’s decision to run for mayor stemmed from his love of people and his desire to serve his city. He prioritized resolving issues, including homelessness and public safety, among others. Lincoln, a Republican, will transition out of his role as mayor on Dec. 31, after an unsuccessful campaign to represent the 9th Congressional District.

Published

2 days ago

December 24, 2024

Oakland Post

Stockton Mayor Kevin Lincoln. Photo provided by California Black Media.

Kevin Lincoln, outgoing mayor of Stockton, CA, captured during his tenure as a leader dedicated to the city’s progress and community engagement.

By Edward Henderson
California Black Media

Born in Stockton, Mayor Kevin Lincoln says his Army upbringing inspired him to serve others.

Lincoln joined the United States Marine Corps in 2001 and was later assigned to Marine One, serving during President George W. Bush’s administration.

Following his military service, Lincoln worked for one of the nation’s top private security companies for eight years in Silicon Valley. In 2013, he resigned from his corporate position to give back to his community in Stockton through full-time ministry at a local church.

Lincoln’s decision to run for mayor stemmed from his love of people and his desire to serve his city. He prioritized resolving issues, including homelessness and public safety, among others.

Lincoln, a Republican, will transition out of his role as mayor on Dec. 31, after an unsuccessful campaign to represent the 9^th Congressional District.

Recently, California Black Media (CBM) spoke with Lincoln. He reflected on his accomplishments this year and his goals moving forward.

Responses have been edited for length and clarity.

Looking back at 2024, what stands out to you as your most important achievement and why? 

What I prioritize for our city council is our youth. They are the future — not only our city, but this region as a whole.

We were able to invest over $6 million in youth programming and workforce development, and partner with 14 different community-based organizations. We were able to employ over 600 young people through the city of Stockton. We launched even our first ever summer jobs program for the city of Stockton.

How did your leadership and investments contribute to improving the lives of Black Californians? 

It’s about giving people a seat at the table, and not necessarily waiting for people to come to me, but me going to the community, making myself accessible, meeting our community at the point of their need, where they’re at.

What frustrated you the most over the last year?

It’s politics. Because unfortunately, there’s politics in everything. And I say politics impedes progress. You can have a policy, a solution that may not necessarily be 100% perfect. But it’s a good solution for everybody. But because we allow politics to get in the way based off our personal ideologies, oftentimes we can miss opportunities to make an impact for the benefit of the whole.

What inspired you the most over the last year?

My biggest inspiration has been the community and our ability to work together. What’s unique about Stockton, one in 20 jobs are nonprofit jobs in the city of Stockton and even San Joaquin County.

What is one lesson you learned in 2024 that will inform your decision-making next year?

To stay focused. In politics, there’s a lot of opportunity for distractions. There are a lot of influences from the outside — good, bad and indifferent. It’s important to stay focused, have a clear vision, and be committed to that vision.

In one word, what is the biggest challenge Black Californians face?

Economics. When the economy is not healthy, when we’re not thriving, we’re limited. Opportunities are limited.

What is the goal you want to achieve most in 2025?

I just want to continue to be a servant leader and serve our community in whatever capacity I am in.