Chaps Poduri must have been high when he estimated that figure
“It is estimated that one cannabis dispensary within city limits could bring in $300,000 annually,” according to the argument in support of the 2022 ballot measure given to voters that was signed by councilman Chaps Poduri and then-council candidate and current councilwoman Tina Rau.”Why should Pacific Grove lose out on this revenue stream?”
But in a public report to councilmembers ahead of last week’s meeting, city manager Matt Mogensen said that the estimated annual revenue to the city for a pot shop is now estimated to be “up to $50,000.”