Colorado Sales Tax on that Herbal Essense

Colorado Sales Tax on that Herbal Essense
Herbs are all the rage in Colorado right now, and I’m sick of it. Fortunately, today’s herbal discussion has nothing to do with the recreational marijuana industry that’s bringing in annoying tourists and odd investment schemes. Today, we’ll focus on another long-time favorite: Chinese medicine. Colorado Department of Revenue–which has the awesome Game of Thrones ...

Dispensary Tells IRS to Take Its Cash and Smoke It

Dispensary Tells IRS to Take Its Cash and Smoke It
Despite my personal “no” vote on Colorado legalizing marijuana (I was sick of the “Mile High” and “Rocky Mountain High” jokes even before it passed), it’s been entertaining to watch the marijuana tax ramifications running wild. The latest lawsuit comes from Allgreens LLC, which says its unfairly assessed a 10 percent penalty for paying their ...

Washington Grower Suing to Stop Marijuana Tax

Washington Grower Suing to Stop Marijuana Tax
While my state of Colorado is apparently swimming in marijuana tax revenue, the news from the other state to legalize recreational marijuana has been fairly silent. Since I’m more interested in the tax consequences of legalizing marijuana than the substance itself, I haven’t been actively searching for Washington’s experiment with the drug, but I did run ...