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Tag Archives: Colorado Marijuana Tax

By | October 13, 2015

Standard Tax Deductions not Granted to Marijuana Businesses

Since the legalization of cannabis in states like Washington, Oregon, and Colorado; a slew of new businesses have opened, fueled by entrepreneurs eager to cash in on this lucrative new industry. Unfortunately for most of them, though, the vast...

By | March 19, 2015

Nation’s First Government Ran Marijuana Store Opens in Washington

While government owned and operated liquor stores are now a part of the states history, the first government owned and operated marijuana store in the nation opened in Washington this week. The city of North Bonneville, which is situated...

By | February 18, 2015

Vermont Proposes Bill to Legalize Recreational Use of Marijuana

The State of Vermont proposed a bill to legalize the recreational use of marijuana and is working to become the next state to fully legalize recreational marijuana, but politicians are taking a different approach. Senate Bill 95 was introduced...

By | March 12, 2014

Colorado Earns $2 Million in Tax Revenue in First Month of Retail Sales

After the financials came in for the first month of legal retail sales of recreational marijuana in Colorado, the state enjoyed a tax revenue of over $2 million. The cannabis taxes come from a 12.9 percent sales tax and a...

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