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

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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. [Read more…]

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

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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. [Read more…]