Tag Archives: taxes

Group Challenges Pot Taxes

MARIJUANA-300A handful of marijuana activists in Denver are making a curious legal challenge. They believe that pot should be legal under federal law. But because it isn’t, they say the state of Colorado can’t collect taxes on the drug. The tax challenge is going before a Denver District Court judge Friday morning. Colorado pot Continue reading

Recreational Marijuana Sales Spike in June

MARIJUANA-300New marijuana tax records from Colorado show June was the best-selling month yet for the state’s recreational pot experiment, with $24.7 million in total sales.  The numbers released by the Department of Revenue also show recreational pot inching toward medical pot in total sales.  In January, Colorado’s Continue reading

Connect for Health Raises Taxes on Exchange Users

HEALTH-SYMBOL-300Yesterday morning, the Connect for Health Colorado Board of Directors voted for a $13 million increase in taxes for those insured under the Colorado health exchange to help the exchange make up for a budget deficit. Upon hearing the result of the vote, Congressman Cory Gardner (CO-04) sent a letter to Continue reading