It has been half of a year since the first recreational marijuana stores opened in Colorado creating the first seed-to-sale legalized marijuana market in the world. To sum up how Colorado is doing after prohibition has ended, one should look to the Director of Marijuana Coordination, Andrew Freedman, who stated, “The sky hasn’t fallen.” In […]
The 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 […]
Amendment 64 has legalized marijuana in the state of Colorado for persons 21 of age and older but the amendment does not come without restraints. One of those restraints is the ability for employers to restrict the use of marijuana in the workplace. Nothing in amendment 64 “requires an employer to permit or accommodate the […]
“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 […]