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.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
