Colorado Votes Overwhelmingly for Tax on Recreational Marijuana


A measure to impose hefty taxes on recreational marijuana in Colorado passed easily yesterday, as voters across the state overwhelmingly chose to make pot one of the most heavily taxed consumer products, the Denver Post reports. The proposition was leading, 65 percent to 35 percent. It imposes a 15 percent excise tax on the wholesale price and an initial 10 percent sales tax on the retail price for recreational marijuana. The measure’s success mirrored that of several local marijuana-tax proposals. In Boulder, Littleton and Manitou Springs, voters were approving marijuana tax measures by similar margins. “The passage of Proposition AA means Colorado will have a strong and well-funded regulatory system, along with funding for education, prevention, treatment and other safety issues that may arise,” said Mike Elliott of the Marijuana Industry Group, a trade organization backing the tax. Opponents of the tax, who gathered for a party where they distributed free marijuana joints, said they were disappointed.

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