Marijuana Connections

Colorado medical marijuana related sales taxes saw a decline in December of 2010, despite being up by over 450% since 2009. Surprising to many, medical marijuana sales tax in Colorado ended on a down note.  Colorado Springs' city government, for instance, took in only $52,052 this December, compared to the $56,782 that the city government of Colorado Springs collected from medical marijuana related taxes in November.  This marks a decrease of $4,730 in medical marijuana related tax revenue for the city of Colorado Springs, the largest month-to-month decrease experienced in 2010. Nevertheless, the city government of Colorado Springs did manage to generate a considerable sum of  through the taxation of Colorado medical marijuana dispensaries, doctor referral agencies, cultivators, patients and other medical marijuana related businesses and purchases.  Such taxation of  medical marijuana in Colorado Springs earned the city government $488,382.  ...