Is It Time For The U.S. To Legalize Marijuana?

COLORADO: Is it high time for the federal government to legalize marijuana?

That’s what pot activists are asking a day after Colorado voters approved a historic ballot measure to tax legal marijuana sales, and Portland, Me., became the first East Coast city to vote to legalize marijuana for adults. [Read more…]

Is It Time For The U.S. To Legalize Marijuana?

COLORADO: Is it high time for the federal government to legalize marijuana?

That’s what pot activists are asking a day after Colorado voters approved a historic ballot measure to tax legal marijuana sales, and Portland, Me., became the first East Coast city to vote to legalize marijuana for adults. [Read more…]

How High Is Too High For Colorado Pot Tax?

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 from buying the drug on the black market, Singer said. [Read more…]

Colorado Voters To Decide How To Tax Pot

COLORADO: A pro-pot jingle in Colorado last year went like this: “Jobs for our people/Money for schools/Who could ask for more?” Nearly a year after Colorado legalized recreational weed, voters get the chance to decide exactly how much more — in taxes.

On Tuesday, voters decide whether to approve a 15 percent pot excise tax to pay for school construction, plus an extra sales tax of 10 percent to fund marijuana enforcement. [Read more…]

Will WA State's Legal Marijuana Taxes Go To Health Care? Maybe Not

WASHINGTON: One selling point of Washington’s new legal marijuana law was that a huge chunk of pot-related tax revenue would be devoted to health coverage for low-income residents.

But it’s not clear the money will go to health care after all. [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…]