Washington Lawmakers Tackle Marijuana Taxes

With Oregon's recreational market about to come online, the bill could have particular implications for border counties such as Clark County.

WASHINGTON: On the first day of the special legislative session, Washington House members took up a bill that would change the way the state taxes recreational marijuana. Washington lawmakers are back in Olympia this week after failing to pass a two-year operating budget during the regular legislative session. Now, lawmakers have 30 days to address Read the full article…

CO Prop. AA, The Marijuana Taxation Measure, Passes 65 Percent To 35 Percent

Fifteen percent of the sales tax revenue would be sent to the cities and counties where retail marijuana purchases occur

COLORADO: Proposition AA, the measure to set tax rates for the recreational marijuana industry in Colorado, has passed 65 percent to 35 percent. Voters have approved a 15 percent excise tax on marijuana when it is sold wholesale from a cultivation facility and a 10 percent sales tax on retail marijuana sold to individual consumers.

How High Is Too High For Colorado Pot Tax?

According to financial data released last week, the state also raked in significantly more money taxing marijuana than it did taxing alcohol for the yearlong period of July 2014 to June 2015, with marijuana netting almost $70 million and alcohol just under $42 million.

COLORADO: After legalizing recreational marijuana last year, Colorado voters Tuesday are considering a tax on the drug. The ballot measure represents the “politics of compromise,” said Rep. Jonathan Singer, the Democratic state legislator behind the tax proposal. The tax on marijuana must be high enough to generate revenue for enforcement but low enough to deter consumers Read the full article…