Colorado Hashes Out Weed Advertising Rules

COLORADO: The Colorado Department of Revenue this week released a 136-page document detailing how the state will regulate retail sales and marketing of recreational marijuana.The document, published Tuesday, makes clear that weed vendors will be able to advertise on statewide television, radio, and newspapers, though they’ll be subject to certain constraints. Both Colorado and Washington decriminalized the recreational use of marijuana in ballot measures last year. [Read more…]

Colorado's weed problems could spell trouble for marijuana legalization

COLORADO: At first glance, Colorado’s medical marijuana industry seems like an unmitigated success story. Hundreds of dispensaries and grow houses have sprouted up since the state began taxing weed sales three years ago, bringing in millions of dollars in extra revenue. Colorado’s fiscal windfall has led many to herald its program as a model for other states to follow, but in the capital of Denver, things are in a state of disarray. [Read more…]

Buzz-kill: Denver proposes 5% tax on marijuana sales

COLORADO:  Remember when marijuana activists argued that legalized pot could help control budget deficits by reducing police costs and raising tax revenues?  Putting that into practice in Denver has proven a bit difficult.  Advocates for legalization are now balking at a 5% tax on marijuana purchases, possibly going to 10% to match the state’s taxes on cigarettes. [Read more…]

Buzz-kill: Denver proposes 5% tax on marijuana sales

COLORADO:  Remember when marijuana activists argued that legalized pot could help control budget deficits by reducing police costs and raising tax revenues?  Putting that into practice in Denver has proven a bit difficult.  Advocates for legalization are now balking at a 5% tax on marijuana purchases, possibly going to 10% to match the state’s taxes on cigarettes. [Read more…]