Voters approve new taxes on marijuana around Colorado

Posted: 11:55 AM, Nov 08, 2017
Updated: 2017-11-08 13:56:31-05
Voters approve new taxes on marijuana around Colorado

DENVER (AP) — Voters around Colorado have approved new local taxes on marijuana.

The Vail Daily  reports  residents in Eagle County approved new sales and excise taxes on recreational marijuana in Tuesday's election. The taxes, which will fund mental health programs, will start at 2.5 percent and eventually reach 5 percent.

The Daily Sentinel  reports  the tiny western Colorado town of De Beque approved a new sales tax of 5 percent on medical marijuana, although the town doesn't have any medical marijuana dispensaries.

Two proposals were also on the ballot in northern Colorado in communities that don't yet have recreational marijuana businesses operating.

The Longmont Times-Call  reports  that a 3 percent recreational marijuana sales tax appears headed toward victory there while the Loveland Reporter Herald  says  voters in Berthoud approved a 7 percent sales tax on recreational marijuana.