Colorado passes laws for the legal sale of marijuana beginning Jan. 1

“Lawmakers in Colorado voted Wednesday night to approve a historic, first-ever regulatory framework for the production, taxation and sales of marijuana.  Four bills awaiting the governor’s signature Thursday morning — SB 283, HB 1317, HB 1318 and HB 1325 — will convert the state’s medical marijuana regulatory agency into a body governing all marijuana sales and establish legal limits for driving while under the influence of marijuana. Voters will also be given the chance to approve a series of taxes on marijuana in November, starting at 10 percent sales tax at retail and 15 percent excise tax at wholesale, with additional local taxes to be set by each municipality.”

http://www.rawstory.com/rs/2013/05/09/colorado-passes-laws-for-the-legal-sale-of-marijuana-beginning-jan-1/

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