High Times Presents: The U.S. Cannabis Cup

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5 Things To Know About Why Colorado Is Suspending Pot Taxes

Colorado is waiving some taxes on recreational marijuana on Sept. 16. A quirk in state law is forcing the one-day tax holiday. Here are some things to know about why Colorado is tapping the brakes on recreational pot taxes:

Tax Quirk Forces Colorado to Waive Pot Taxes for a Day

Colorado's unusual tax law is forcing the state to suspend taxes on recreational marijuana for one day. The sales-tax break on Sept. 16 will shave $20 off the price of a mid-grade ounce of pot in the Denver area, where ounces this summer sell for about $200 before tax...

Everything You Ever Wanted To Know About Marijuana and Taxes

New data indicates that tax revenue from marijuana in Colorado has nearly doubled in the last year, increasing from $4.9 million by June last year to $9.7 million by June of this year, according to a recent report from the Colorado Department of Taxation. 

Higher Learning: Colorado County Mulls Scholarship Pot Tax

Talk about higher learning. A Colorado county may create the world's first public college scholarship program funded with marijuana money.

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