AG Suthers Says Colorado Can Tax Medical Marijuana
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AG Suthers Says Colorado Can Tax Medical Marijuana
Posted by CN Staff on November 17, 2009 at 06:45:37 PT
By Tim Hoover, The Denver Post
Source: Denver Post
Denver, CO -- In an opinion that could generate more revenue for cash-strapped governments and give additional legitimacy to a fledgling industry, Colorado Attorney General John Suthers said Monday that the state can collect sales tax on medical marijuana."Medical marijuana is tangible property that is generally subject to state sales tax," Suthers, a Republican, wrote in response to a query from Gov. Bill Ritter, a Democrat.
The opinion also said medical-marijuana dispensaries must obtain retail-sales licenses from the state to do business.Ritter's administration said it would immediately direct medical-marijuana dispensaries to start paying sales tax and obtain retail licenses."Colorado voters have said they want medical marijuana in Colorado," said Ritter spokesman Evan Dreyer. "But what we have now is chaos."Voters in 2000 approved a constitutional amendment that legalized medical marijuana. The issue has gained steam this year as local and state officials grapple with rapid growth in the number of dispensaries and registered users."There's been so much uncertainty about this since the summer, we asked for the opinion because we need guidance from the attorney general," Dreyer said. "We also need clarity from the legislature, and we're working with lawmakers on that for the upcoming 2010 session." Snipped   Complete Article: Denver Post (CO)Author: Tim Hoover, The Denver PostPublished: November 17, 2009Copyright: 2009 The Denver Post CorpWebsite: openforum denverpost.comCannabisNews Medical Marijuana Archives 
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Comment #4 posted by herbologist on November 18, 2009 at 05:55:46 PT:
It's about Time!
We as Americans have an obligation to pay our tax's,and penalties for those that have not.We need to operate this movement like any other legal business does with employees and workman's comp,insurance's and security equipment like banks and jewelry stores.
         Be well,Be safe.Herbologist
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Comment #3 posted by FoM on November 17, 2009 at 10:59:05 PT
CBS: Colorado Moves to Tax Medical Marijuana
November 17, 2009URL:
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Comment #2 posted by FoM on November 17, 2009 at 08:23:02 PT
I watch this news channel and they mentioned the tax. Something about cannabis being personal property. I didn't see it until is was almost over though.
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Comment #1 posted by Sam Adams on November 17, 2009 at 07:37:04 PT
great news
this guy is clearly on our side:"However, seeds used to grow medical marijuana would qualify for the exemption on agricultural products, the opinion said"the legislators are pretty simple-minded, this is great, sort of like hanging the carrot in front of the mule's face. makes it very clear for them - money! are you going to turn down CASH MONEY? I doubt it.
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