A pot dispensary on Ventura Boulevard in the San Fernando Valley. (Wikimedia Commons)

All 762 dispensaries registered in the city will be asked to shut down, and those that don't do so may face legal action from the city.

However, a separate ordinance was created that would allow dozens of dispensaries to remain open.  

The proposal would allow shops that existed before a 2007 ban on new dispensaries to stay open.  The council may vote on this proposal in three months. 

Read more of Neon Tommy's coverage on medical marijuana here.

Reach Executive Producer Michael Juliani here; follow him on Twitter here.