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May 6, 2013
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Marijuana regulations, taxes advance in Colorado

DENVER — A series of marijuana regulations and taxes have advanced in the Colorado House.

A regulation measure setting rules for how the newly legal drug can be grown, packaged and sold won final approval in the House Monday on a vote of 35-29. All Republicans voted against it, saying they wanted to see stricter regulations on the pot industry. The regulation bill now heads to the Senate.

A separate bill to set up pot taxes won initial approval but requires one more vote in the House. The tax measure subjects recreational pot to 25 percent taxes from the state. That includes a 15 percent excise tax, with most of the money headed to school construction. The 10 percent marijuana sales tax is in addition to regular statewide 2.9 percent sales taxes.


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The Summit Daily Updated May 6, 2013 02:30PM Published May 8, 2013 12:07PM Copyright 2013 The Summit Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.