Colorado pot shops will pocket more than a half-million in sales tax alone

potBy Ricardo Baca | The Denver Post

Colorado’s cannabis shops, on the hook for higher taxes than traditional retailers, are nonetheless reaping more than half a million dollars in rebated sales-tax revenue in 2014 thanks to timely payment to the tax man.

The refunded money from the state’s so-called vendor fee, a 79-year-old agreement the state made with its businesses, suggests the state’s marijuana businesses are achieving an important goal, that of becoming more establishment, despite the extra hurdles they face in the marketplace.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.