Tag: Retail Marijuana
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Here’s how the sales tax in Denver works
What exactly is taxed in Denver? The City and County of Denver imposes a 4.81% sales tax on pretty much everything a consumer buys. Add to that regional and state taxes, and it all comes out to 8.81%. Here are the additions: The state levies a 2.9% rate, the Regional Transportation District adds a 1%…
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Colorado fails to inspect dozens of marijuana businesses, audit finds
At least 75 Colorado dispensaries haven’t been inspected by the state in the last four years. An audit released Monday uncovered wildly inconsistent inspections among Colorado marijuana businesses. Dozens of dispensaries haven’t received any targeted inspections or underage compliance checks since 2019, the audit found. In that same timeframe, one dispensary was inspected 19 times. From…
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Marijuana-related crime, sales decreased last year in Denver, according to study
The 2023 annual report from the Denver Department of Excise and Licenses showed marijuana sales decreasing in 2022 and criminal offenses related to marijuana remaining a small portion of the city’s overall crime. On Jan. 1, 2014, Denver became the first U.S. city allowing regulated retail marijuana sales. In years since, Denver has developed ordinances…
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Denver’s monthly marijuana sales down again after hitting all-time high
Medical and retail marijuana sales continue to fall monthly after hitting an all-time peak in July, the Colorado Department of Revenue’s October report reveals. Total sales for the year have passed $1.8 billion — breaking last year’s record total of $1.75 million with two months yet to be recorded. Colorado’s marijuana sales reached a record…