Marijuana Tax

(credit: CBS)

Colorado Notches Best Month Yet For Pot Taxes

Colorado reported its best month yet for recreational marijuana sales in January, with a tenfold spike since last year in the tax stream designated specifically for schools.

03/11/2015

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Some Parents Upset Poudre Schools Opts Not To Apply For Pot Funds

Marijuana tax revenue is supposed to fund school construction in Colorado, but one district will not apply for the money and some parents are upset.

02/24/2015

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Colorado’s Pot Tax Tally Has Lessons For Other States

Marijuana makes money. But legalizing it doesn’t eliminate the black market or solve a state’s budget problems. Those are the lessons from Colorado’s first full year of tax collections on recreational pot.

02/11/2015

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Colorado’s 2014 Taxes On Recreational Pot Come In At $44 Million

Colorado finally knows how much tax revenue it collected from recreational marijuana in the first year of sales, and the haul was below estimates – about $44 million.

02/10/2015

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Tax Law Quirk Means Pot May Pay Off For Coloradans, Literally

Colorado’s marijuana experiment was designed to raise revenue for the state and its schools, but a state law may put some of the tax money directly into residents’ pockets, causing quite a headache for lawmakers.

01/27/2015

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Recreational Marijuana Sales Begin In Aurora

Recreational marijuana sales officially began in Aurora on Wednesday.

10/01/2014

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Recreational Pot Eclipses Medical Pot In Colorado

Colorado is now selling more recreational pot than medical pot, a turning point for the newly legal industry, tax records released Wednesday show.

09/10/2014

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Recreational Pot Not Bringing In Tax Money That Was Expected

High hopes for tax money isn’t as expected as the state’s legal marijuana industry isn’t bringing in as much money as anticipated. In fact, tax revenue is way below expectations.

09/02/2014

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Pot Group: Tax Suspension Would Alleviate Federal Prosecution Fears

Marijuana activists asked a judge on Friday to temporarily prevent the state from collecting specific “marijuana taxes” on pot sales because they incriminate consumers and industry employees under federal law.

08/22/2014

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June Was Best Month Yet For Colorado Pot Sales

New 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.

08/08/2014

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