Within months of Greenfield, California's first marijuana facility, Loudpack Farms, kicking off operations, came the creation of 278 jobs. That's no small accomplishment when you're talking about a town with a population of under 17,000.
A total of 11 cannabis facilities are expected to come to Greenfield, and city manager Jaime Fontes says that the town is expecting a $1.7 million boost into the general fund this year from the first business alone.
The anticipated boost in revenues for the town's general fund is thanks to Measure O: the Greenfield Marijuana Business Tax, which was approved by over 65% of voters on November 8, 2016.
A yes vote for Measure O was a vote in favor of imposing a tax of $25 per square foot on marijuana cultivators and 10 percent on the annual gross receipts of other marijuana activities.
The town of Greenfield plans to put the money towards additional police officers as well as programs for children and the elderly.