Fans attending Colorado Rockies games will be able to purchase items chock-full of marijuana at concessions stands this season! While this story turned out to be a hoax, we here at Higher Ground felt the need to comment on it anyway.
About the Author
Michael is a journalist and filmmaker. His award-winning documentary, Sleeping with Siri is playing film festivals across the country. Stusser runs TechTimeout campaigns in high schools across the country, asking teenagers to give up their digital devices (for a little while) in order to find balance, and perhaps even make eye-contact with their parents.You Might also like
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Obama Banking Rules
The Obama administration just issued new guidelines to folks in the weed business; perhaps he should issue some guidelines to a few other businesses while he’s at it….
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The Tax Revenue From Legalize Weed Is Pouring Into Colorado
(Denver Post) Colorado recorded its biggest recreational marijuana tax haul yet in April, topping more than $3.5 million in sales and excise taxes, according to numbers released Monday.
In all, the state’s recreational marijuana stores sold more than $22 million worth of product in April, likely boosted by the 4/20 marijuana holiday that brought hundreds of cannabis tourists to town. Overall, though, medical marijuana sales continued to outpace recreational sales, with lower-taxed medical-marijuana stores doing more than $31 million in sales during the month.
So far this year, Colorado has brought in nearly $11 million in sales and excise taxes on recreational marijuana. The total take of recreation and medical marijuana taxes and fees is nearly $18 million.
The new numbers were released on the same day that marijuana activists announced plans to sue the state over recreational pot taxes. According to a copy of the lawsuit sent to the media, the activists argue that the taxes are unconstitutionally high.
Shoppers at recreational marijuana stores pay 12.9 percent in general and special state sales taxes, as well as a 15 percent excise tax that is applied at the wholesale level.
The lawsuit argues those rates violate the constitutional provision voters approved in 2012, which specified that recreational marijuana should be taxed “in a manner similar to alcohol.” The activists say alcohol taxes are much lower.
Attorney Rob Corry, who is representing the activists, said he filed the lawsuit Monday.
More marijuana dispensaries continue to open. As of June 3, more than 200 marijuana dispensaries were licensed, according to the state Department of Revenue. That’s about half of the more than 500 total shops statewide that are eligible to obtain a retail marijuana sales license.
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Holiday Gift Guide for the Cannabis Connoisseur
Live from the GreenPole, Higher Ground hit the Hot Pot Product Bazaar for the High Holidays! Check out the greatest gifts on Earth for cannabis connoisseurs! And if you’re lucky, Sativa Santa will pay you a visit this year! (Make sure to leave him milk and cookies…) Thanks to the wonderful sponsors and MJBA (Marijuana Business Association)!
