Tax Free Cannabis In Colorado 9/16/15

Are you on Facebook? Click the button below to follow our page or share this article with your friends.

Yes, cannabis will be Tax Free for one day... Well maybe not all the way tax free.. but still.. we are not arguing. 

9/16/15

Buying retail cannabis on the 16th means you will not be paying the 10% State sales tax. However, you will still be paying 12.12% for the other taxes. 

The impetus is the Taxpayer’s Bill of Rights, a measure championed by conservatives. The constitutional provision requires voters to approve new taxes based on estimates of collections and state spending. If the actual amount exceeds the estimates, refunds are necessary.
— Denver Post
A permanent sales-tax break on recreational marijuana takes effect July 2017, lowering the rate from 10 percent to 8 percent.
— Denver Post

See Full Article

If you are an economically smart cannabis shopper, this is the perfect time to stock up for the winter... or for as long it takes to go through an ounce. (Colorado resident legal Recreational limit)

Alex Person