Colorado can now tax medical marijuana

Posted By: The Ski Channel on November 17, 2009 11:47 am

On Monday, Colorado Attorney General John Suthers stated that the state can now collect sales tax on medical marijuana.

Courtney Tanning, executive director of the Colorado Wellness Association, which represents medical-marijuana dispensaries and the patients and doctors who deal with them responded with: “I think the community is willing to pay taxes if it will help prove the legitimacy of their efforts…[the medical marijuana business] has been an underground, black-market community for so long that I think they’re really willing to . . . pay dues to be taken seriously,” Tanning said.

Many politicians are pleased with this movement as well, citing the revenue Colorado will take in: “I’m pleased we now can get some tax revenue from the sale of a constitutionally authorized medical product,” said state Sen. Chris Romer, D-Denver, who has been pushing legislation to further regulate medical marijuana.

The issue of legality of dispensaries was not addressed.

 

photo courtesy of denverpost.com

 

 


 

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