Medical pot shops get head start in Colo.

Published April 25, 2013 11:13pm ET



DENVER (AP) — Medical pot shops will get a nine-month head start when Colorado opens recreational pot sales next year, a legislative panel voted Thursday.

The committee also signed off on taxes that could exceed 30 percent. Lawmakers debated for hours over the right number to make sure Colorado reaps a financial windfall from the newly legal drug, but doesn’t tax it so highly that the black market persists.

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