Colorado County to pursue three% cannabis tax

green leaf

The Blue Mountain Eagle reports

Grant County voters will determine no matter if marijuana customers should really spend a three% tax on recreational marijuana merchandise in November.

Just after passing an emergency ordinance in 2018 to tax pot sales, Grant County officials returned $five,000 final year to Rocky Mountain Dispensary, the county’s sole marijuana retailer, for the reason that state law needs a pot tax to go to the voters throughout a statewide basic election.

In a 2019 press release, District Lawyer Jim Carpenter stated that “scrutiny by the Blue Mountain Eagle brought the challenge to light, causing a reconsideration of the legality of the ordinance.”

Carpenter stated Rocky Mountain Dispensary had been collecting a recreational marijuana tax from its consumers throughout the final quarter of 2018.

“The retailer, in fantastic faith, believed there was a tax and was desirous of providing back to the neighborhood per the earlier campaign to permit recreational marijuana sales inside the county,” Carpenter stated.

The county, stated Carpenter, necessary an ordinance to obtain the taxes, and with the year coming to a close, they have been operating out of time, so they passed the ordinance.

The challenge was that the ordinance did not refer the tax measure to voters for approval, as needed by state law.

Haley Olson of Rocky Mountain Dispensary stated she estimates that the tax would produce more than $one hundred,000 in income annually.

“It’d be actually substantial, she stated. “I imply, that is a substantial quantity of cash for a neighborhood this modest.”

Meanwhile, Olson stated the dispensary has voluntarily held the cash back and donated to different neighborhood applications, from four-H to the wrestling group.

“I have a massive chalk wall in my workplace, that is from floor to ceiling,” she stated. “And I just donate to all types of stuff. We get to decide on exactly where it goes.”

She stated the only organization that has refused a donation has been the Grant County Sheriff’s Workplace Search and Rescue.

County Judge Scott Myers stated what he likes about the pot tax is that the only men and women who will be taxed are these buying marijuana merchandise.

“It’s a user tax,” he stated. “So no a single else is obligated to spend any of that tax. Only certain men and women spend it. No a single will ever have to spend a pot tax right here locally at least for now unless they’re getting merchandise.”

Latest posts