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Home 🌿 Medical Cannabis News 🌿 Denver marijuana tax retention ballot measure passes first step 🌿Denver marijuana tax retention ballot measure passes first step
File - In this Dec. 27, 2013 file photo, marijuana and cannabis-infused products are displayed for sale at a marijuana dispensary in Denver. (Brennan Linsley, Associated Press file)
Denver voters in November may decide whether the city can keep its first-year haul from a 3.5 percent special recreational marijuana sales tax.
The city's ballot question would join a likely statewide measure asking the same question about $58 million collected by the state last year from its separate marijuana tax. In Denver's case, at stake is nearly $5.3 million.
A City Council committee approved the wording 5-0 Wednesday. The measure is expected to get the council's final sign-off June 8.
Both the city and the state must ask voters to let them keep the entire amounts because of rules under the Taxpayer's Bill of Rights. A booming economy...
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