State Marijuana/Cannabis Taxes - 2020
Colorado Legalization began when voters approved Constitutional Amendment 64 in 2012. Colorado became the first state to begin legal sales when retail stores opened in January 2014. Taxes: Excise Tax of 15% of Average Market Rate, sales to retail stores Retail Tax of 15% (10% before July 2017) - local government receive 10% of this tax. ................
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