Marijuana consumers were taking advantage of a tax holiday in Colorado on Wednesday, with some lining up early for doorbuster-style deals.

A quirk in state law led Colorado to suspend most taxes on recreational pot for one day, including a 10 percent sales tax on pot and a 15 percent excise tax on marijuana growers.

At The Grass Station near downtown Denver, a dozen shoppers were in line before doors opened.

"Lower prices are always better," said Benjamin DelCarpio of Centennial, who was rewarded for standing in line with a 50 percent off coupon.

DENVER (AP) -- The latest on Colorado's marijuana tax holiday caused by a quirk in the law (all times local):

Shoppers aren't the only ones benefiting from Colorado's one-day suspension of most taxes on pot. Marijuana growers also are getting a hefty tax break.

One owner and grower saved $45,000 in taxes before 10 a.m. Wednesday. Tim Cullen of the Colorado Harvest Co. says he transferred a month's worth of inventory, or about 150 pounds of marijuana.

Colorado charges consumers an extra 10 percent sales tax on pot. Growers pay an additional 15 percent excise tax on wholesale weed, or about $300 a pound.

Colorado is waiving both those taxes for one day only Wednesday because of an accounting error when the taxes were first approved.

Sales tax on marijuana in Colorado was so profitable last year that the state declared Wednesday a pot tax-free day.

Tax collected on marijuana sales came to $70 million (£45m), much more than the $40 million (£26m) the state predicted.

The tax will return to 25% on Thursday but state law requires an automatic suspension of any new taxes due to the accounting error.

Pot retailers are hoping for large crowds on the pot tax-free day.

Colorado became the first state in the US to legalise cannabis, after voters approved the change in 2012.

The average savings on Wednesday for a $200 ( £128) ounce of marijuana will be about $20 (£13), Fox31 Denver reports, and a regular 2.9% sales tax will still apply, as will taxes on medical marijuana.

Kristin Brinckerhoff ponders the selection of marijuana at 3D Cannabis Center in Denver. (Craig F. Walker, The Denver Post)

Colorado suspended tax collections on marijuana for one day on Wednesday, and pot cultivation operations said the tax holiday was saving them tens of thousands of dollars behind the scenes.

"My space will all be empty today," said Daniel Morgan, grow operator for the Starbuds chain, as he stood before a 30-pound mound of pot in a north Denver warehouse. "We're just sending it to all the stores."

Morgan says he hopes to move up to 100 pounds of marijuana by the end of day Wednesday, which would mean $30,000 in savings.

n accounting error in Colorado is paying off for marijuana consumers today, when a quirk in a state tax law prompts the state to suspend most taxes on recreational pot.

The one-time break comes a day after Colorado made final its accounts for the fiscal year that ended in June.

The final tax numbers covered the first full fiscal year in which adults over 21 could legally buy both marijuana and alcohol.

The word of today’s marijuana tax holiday in Colorado has spread far beyond the state’s borders. Even Snoop Dogg’s heard of the one-time pot tax holiday — and he recorded a video message for cannabis aficionados in Colorado.

“In honor of it being an incredible year for the movement, I would like to wish you a happy tax holiday,” Snoop says in the video, which the artist shared exclusively with The Cannabist. “I love seeing the positive impact of the cannabis business in your beautiful state.

THE US$100-million ganja deal between the Courtney Betty-led Timeless Herbal Care (THC) and Denver, Colorado-based O.penVAPE, the largest consumer cannabis brand, has been described as marking the "first time in history an international collaboration has been created to produce cannabis-infused products outside of the United States".

Publicist Marketwired said yesterday the partnership was projected to generate over US$100 million in revenue in the first 10 years of operation, using Jamaican ganja to develop medicinal products for the international market

As cannabis legalization continues to spread across the globe, a new type of traveling has been gaining momentum: cannabis travel destinations, where you can get in some much-needed rest and relaxation time without giving up your green. Cannabis-friendly booking places (such as Bud And Breakfast) have been popping up to provide everything you could possibly need for your cannabis-inclusive vacation, from picturesque views to rental hosts that supply you with the buds you need to supplement your stay.

An accounting error in Colorado is paying off for marijuana consumers today, when a quirk in a state tax law prompts the state to suspend most taxes on recreational pot.

The one-day pot tax holiday means Colorado won't collect 10 percent sales taxes on pot. The state is also suspending a 15 percent excise tax on marijuana growers.

The tax break is happening because Colorado underestimated overall state tax collections last year. Under the state constitution, the accounting error triggers an automatic suspension of any new taxes — in this case, the recreational marijuana taxes voters approved in 2013.

For the first time in history, a state has generated more annual revenue from taxes imposed on marijuana than from taxes imposed on alcohol. According to the Colorado Department of Revenue, the state collected nearly $70 million in marijuana-specific taxes and just under $42 million in alcohol-specific taxes from July 1, 2014 through June 30, 2015.

The news comes as Colorado prepares for a “marijuana tax holiday” on Wednesday, during which the state is suspending marijuana-specific taxes for one day.