Colorado’s Attorney General John Suthers promises to vigorously defend the state’s historic law legalizing marijuana after Nebraska and Oklahoma asked the U.S. Supreme Court to declare it unconstitutional.
Marijuana green meant greenbacks for one pot shop on Black Friday. Or, as they were dubbing it, Green Friday.
Colorado’s hearty embrace of a 25 percent marijuana tax this week could prove a turning point for legalization backers. They’ve long argued that weed should come out of the black market and contribute to tax coffers.
On Tuesday, voters decide whether to approve a 15 percent pot excise tax to pay for school construction, plus an extra sales tax of 10 percent to fund marijuana enforcement.
A 24-member task force appointed to set up marijuana rules meets Monday for the first time.
Marijuana opponents in Colorado are using a recent U.S. Supreme Court ruling to gird their argument against making pot legal.
In Colorado, state lawmakers are attempting an end-run around the federal medical marijuana ban with a bill that would create the nation’s first state cooperative financial institution for dispensaries and growers to allow them to store and borrow money.