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The state has created other taxes on cannabis, including sales taxes and so-called “sin” taxes, which have generated a substantial mountain of cash for the state and its social service programs.
As we reported previously, taxes on pot netted Colorado more than 5 million for the 2016-17 fiscal year, and more than a half billion dollars since 2014.
As one of the seven states that initiated the 90’s-era lawsuit, Colorado received a decade’s worth of supplemental payments — called strategic contributions payments — designed to repay the state for its legal work.
Colorado’s annual payments, which began in 2008, worked out to million.
Connecticut is considering legalizing marijuana in order to pay down its debt and help fund its pension and health-care obligations.
Oh, and we haven’t even mentioned legal marijuana’s power to help to slow down drug trafficking, reduce drug-related crime, and help countless people deal with myriad health conditions.
California's commercial cannabis rollout was the big New Year's marijuana headline. Imagine, after many years of anticipation, you finally receive an invitation to that big party.
Without the revenue from marijuana, officials tell the Post that many social programs would be in serious jeopardy.
The fact that smoking is down nationwide has also negatively affected settlement funds — which are based on annual cigarette sales — as well as state sales taxes derived from cigarette and tobacco purchases. %related-post-2% Colorado voters passed Amendment 64 in 2012, legalizing the sale of recreational marijuana to adults.
The following year, voters passed a 15 percent excise tax on wholesale marijuana.
Learning Kiwi slang isn’t easy, so we’ll start with 20 common words. Macca’s – Mc Donald’s Togs – Swimsuit Bonnet & boot – Hood & trunk (of a car) Scull – To drink a usually alcoholic drink in one go without stopping.
Once you’ve learned them all, move on to the next section where I’ll teach you the good stuff. Havaianas Dairy – A convenience store, corner store, or mini supermarket. Buggered – Very tired Fizzy drink – Soda Mince – Ground beef Hot chips – French fries Kai – Maori word for food Chocka Block – Crowded/busy Pissed – Drunk Cuppa – A hot drink, usually short for “cup of coffee” or “cup of tea” Jumper – A jersey or sweatshirt Angus – Someone with an anger problem Hungus – Someone who eats too much Easy enough? Now try wrap your head around these ones: – When I’m with my friends I use this in almost every sentence. It’s not reserved for good friends, you can say it to anyone, like the mailman or a taxi driver. Example: – This could be considered a shortened version of “far out” (or the F word, I’m actually not sure) which can be used to express both excitement and disappointment.