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

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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.

Love It Or Hate It, Consensus Is Colorado Prop AA Pot Tax Will Pass

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When the legislature held its first public hearing last week for a bill concerning medical-marijuana regulations, people representing at least eight medical-marijuana advocacy organizations testified, voicing opinions on the measure that ranged from solid support to angry opposition.

COLORADO: It’s not just about forcing marijuana customers to pay more, it’s also about setting precedent for legalization around the country, say advocates opposed to the steep consumption tax voters are being asked to approve next month.