Colorado Pot Taxes Won’t Be As High As Hoped

COLORADO:It’s been just three months since marijuana was legalized in Colorado, but economists don’t think the state will raise as much in taxes as was hoped.

They had expected to raise $22.7 million before July from special sales taxes on recreational marijuana, but state economist Larson Silbaugh is skeptical.

About $3.4 million was raised in January and February, the only months for which sales have been reported so far.

“If current tax revenues keep coming in at the same pace, we won’t meet that expectation,” Silbaugh said.

Dane County Wisconsin Will Vote On Marijuana

WISCONSIN:  Voters in Dane County will see advisory referendums on legalization of marijuana, corporate personhood — and, in one village, whether taxpayers should buy a new leaf vacuum — when they go to the polls Tuesday.

County voters will also be asked to advise the state Legislature on whether to legalize marijuana.

County board member Leland Pan, who helped put the question onto the ballot, said legalization could help reduce arrests in a criminal justice system that prosecutes racial minorities disproportionately, and cut back on government intrusions into people’s lives generally. Marijuana also has health benefits, can stimulate the agricultural and other sectors of the economy and increase government tax base, Pan said.

State House Live: N.H. House Overwhelmingly Defeats Marijuana Legalization Bill

NEW HAMPSHIRE:  The House stood strongly against legalizing marijuana this afternoon, 192-140. The 52 vote margin represents a major change since the House narrowly passed the bill in January and sent it to the Ways and Means Committee.

Gov. Maggie Hassan, a Democrat, had promised to veto any bill legalizing marijuana.

Supporters of the bill tried to convince their colleagues that many assumptions about marijuana are untrue. Rep. Romeo Danais, a Nottingham Republican, said studies show marijuana is not addictive, does not kill brain cells and is not a gateway drug.

Supporters also pointed to legalizing and taxing marijuana as a new source of revenue. Colorado is expected to bring in $100 million in tax revenue from marijuana this year, Danais said. Furthermore, recent polls from the UNH Survey Center show the majority of New Hampshire residents support legalizing marijuana. Legalizing it would bring sales off the black market and might limit teenagers from smoking it, supporters said.

Green Party’s Henry Lawrence Running For Florida's House District 6

FLORIDA: Fittingly, the only Green Party candidate for state House District 6 owns a landscape irrigation business.

But while Henry Lawrence, of Panama City, earns his living making sure thirsty plants get enough to drink, his passion lies with supporting renewable energy and legalizing marijuana, for medical and recreational use.
He’s one of several vying to replace term-limited state Rep. Jimmy Patronis, R-Panama City, whose district covers most of Bay County.

Lawrence, 62, gets worked up when talking about marijuana policy, saying the state should offer a full-scale legalization like Colorado did last year. [Read more…]

Heroin Dealers Can Deduct Samples On Their Taxes, But Medical Marijuana Dispensaries Can't Deduct Rent?

FRANCE:  A convicted heroin dealer has a tax problem. He’s still in prison, mind you, but he also owes taxes. In fact, he owes 80,000 euros, although the French authorities did ease up on how they computed the tax bill. After all, every business has expenses, including illegitimate ones.

Arizona Lawmaker To Introduce New Marijuana Use And Taxation Regulations

ARIZONA: An Arizona lawmaker is working on legislation to legalize recreational marijuana use.

Under Assistant House Minority Leader Ruben Gallego‘s bill, people 21 and older could possess up to one ounce of marijuana and grow up to five marijuana plants.

Marijuana could not be smoked in public, expect for certain businesses like marijuana shops. [Read more…]

Uruguay To Sell Legal Marijuana For $1 A Gram

URUGUAY: Uruguay’s drug tsar says the country plans to sell legal marijuana for $1 a gram to combat drug-trafficking, according to a local newspaper.

The plan to create a government-run legal marijuana industry has passed the lower house of Congress, and Uruguay’s president, José Mujica, expects to push it through the Senate soon as part of his effort to explore alternatives in the war on drugs. [Read more…]

New Poll Finds Strong Backing To Legalize, Tax Marijuana In Texas

TEXAS: The pendulum has really swung out there in Texas on the questions of medical marijuana and treating possession of the weed as a fine-only, civil offense. A new poll released today by the advocacy group Marijuana Policy Project found comfortable majority support and nearly a nearly 2-1 margin on both questions. [Read more…]

New Poll Finds Strong Backing To Legalize, Tax Marijuana In Texas

TEXAS: The pendulum has really swung out there in Texas on the questions of medical marijuana and treating possession of the weed as a fine-only, civil offense. A new poll released today by the advocacy group Marijuana Policy Project found comfortable majority support and nearly a nearly 2-1 margin on both questions. [Read more…]