(720) 863-7755The precise amount that recreational marijuana will be taxed has not yet been established. The only specific information that was written into Amendment 64 regarding taxes was that the first $40 million earned from the excise tax will go toward public school construction. The Joint Committee plans to introduce a bill to the legislature based […]
Taxing marijuana: The recommendation has been made to implement a tax on marijuana sales. The rate will be determined by the General Assembly “through consultation with the Department of Revenue, Office of State Planning and Budgeting and Colorado Legislative Council.” If approved, the tax will not take effect until January 1, 2014. It is also […]
Recently we discussed how Colorado law enforcement is ramping up enforcement of DUIs in Colorado for alcohol under the Heat is on Campaign. Well, in March of 2014, the Colorado Department of Transportation is starting a new campaign aimed at stoned drivers called “Drive High, Get a DUI.” CDOT is allocating $430,000 on a media […]
“Currently federal laws define marijuana as an illegal substance”. (link) This means that the possession and use of non-medical marijuana is still illegal in the eyes of the federal government, giving them the ability to prosecute for the use, sell, and cultivation of marijuana. At this time however, it is still unknown how the federal […]
What is amendment 64? It is an Amendment to Article 17 of the Colorado State Constitution passed by the majority of voters in Colorado in the November 6, 2012 election that will: Allow personal use and possession of marijuana for adults. Establish a system similar to the one for alcohol that would regulate and […]
