Report: Colorado’s marijuana tax revenue now exceeds $500 million

Sooooo, I have a related question.

I'm traveling to CO next week with my girlfriend, buddy, and his girlfriend. None of us have been to a dispensary. What sort of prices do they typical throw on edibles?
 
silkysmooth said:
Illinois you better get on that. Legalized recreation marijuana should be a campaign issue for governor because of how much revenue it can generate.
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I have no faith that they will. This is the same state that said my cancer diagnosis wasn't sufficient for a medical marijuana card.
 
Idle Storm said:
Sooooo, I have a related question.

I'm traveling to CO next week with my girlfriend, buddy, and his girlfriend. None of us have been to a dispensary. What sort of prices do they typical throw on edibles?
Click to expand...


Edibles are pretty expensive. A dose in Colorado is 10mg and it tends to be around $2 or so a "dose". But for me at least, i need at least 60-70mg to feel anything at all, though the numbers seem kind of inconsistent and some people are much more sensitive.
 
Gallbaro said:
But is it like other sin taxes? Basically a tax on the poor?
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Talking with friends and family, the price is a little higher than it was in the black market, but the quality is better and don't have to worry about it being laced. Much rather have my money going to the state then to the cartels.
 
Idle Storm said:
Sooooo, I have a related question.

I'm traveling to CO next week with my girlfriend, buddy, and his girlfriend. None of us have been to a dispensary. What sort of prices do they typical throw on edibles?
Click to expand...

Most dispensaries have a website these days.

https://nativerootsdispensary.com/orders/littleton-recreational

Go there and scroll to the edibles section. A nice thing about Colorado's insistence on regulating the industry, especially the edibles, they're standardized pretty well, so it doesn't matter where you go, you'll get the same quality.

Just remember to take it easy at first and start small, it takes at least 30 minutes for you to start feeling it.

noquarter said:
Talking with friends and family, the price is a little higher than it was in the black market, but the quality is better and don't have to worry about it being laced. Much rather have my money going to the state then to the cartels.
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Your friends and family need to find a new dispensary, in my experience it's cheaper. If it's more, it's only by $1-2 because of tax. Top shelf is usually $45 plus tax (for 1/8th oz), but many places have deals if you're a member, like they knock off 15% or whatever so you end up paying an even $45 instead of $50 and some change. Plus there are always cheaper options, like a daily special on a strain for $25 an 8th, or a bunch of mid grade options ranging from $30-40.
 
Holy frack

Just imagining the decades worth of missed revenue in New York and California makes my head spin. At this point I think it might not be far-fetched that Marijuana could fund nearly free college tuition nationally lol.
 
Guzim said:
Seriously. Malloy has to do something.
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Malloy is 100% gone on this. He said Mass made a huge mistake and even went as far to say if the house/senate passed it he would veto it. But spending hundreds of millions on another Casino and a sports stadium with no pro occupants is A-ok.

It'll have to be the next Governor and an issue we have to litigate in the primary next year.
 
Okay NJ...let's get with it. Actually, there is a bill to legalize in NJ, but it's going to sit there until Christie is out, because that fucker will never sign it.

Gitaroo said:
Ppl please get high and fail job drug test so I can take any job I want.
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Right, because everyone who smokes weed is so fucking stupid that they assume that because their state has legal weed, companies that they apply to definitely won't test, amirite?!?!
 
Gitaroo said:
Ppl please get high and fail job drug test so I can take any job I want.
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this drug test shit is fucking bullshit and needs to go away.. its weighted more towards marijuana than any other drugs which is absurd

when we're done with those the victory will truly be done

we let people who are functioning alcoholics get and keep jobs why are we punishing devil weed smokers?
 
Saganator said:
Your friends and family need to find a new dispensary, in my experience it's cheaper. If it's more, it's only by $1-2 because of tax. Top shelf is usually $45 plus tax (for 1/8th oz), but many places have deals if you're a member, like they knock off 15% or whatever so you end up paying an even $45 instead of $50 and some change. Plus there are always cheaper options, like a daily special on a strain for $25 an 8th, or a bunch of mid grade options ranging from $30-40.
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I was going off of prices from when I was able to smoke 13+ years ago against what they told me they paid now.

I was getting $20 1/8s of crap that was from a brick with tons of seeds and stems. If I was getting good stuff, it was closer to $30 an 1/8. Usually able to get ounces for like $120 If I got to them right away, but they weren't always available.

They told prices are about what you quoted and better quality than anything we were able to buy back in the day. And this is Colorado then (near the Springs, so a lot harder to find good smoke down there) and Colorado now.
 
Idle Storm said:
Sooooo, I have a related question.

I'm traveling to CO next week with my girlfriend, buddy, and his girlfriend. None of us have been to a dispensary. What sort of prices do they typical throw on edibles?
Click to expand...


Just got back from Denver and you will love it.. we went to a place called Native roots and they us different options. We got a pack of ten gummies for 25 and they also had bunch of other options.
 
numble said:
What is wrong with a hotel or bed tax? The local city does not collect corporate or individual income tax, that goes to the federal or state government (and sometimes the state decides there should be no corporate tax). Tourists use infrastructure as much or if more than locals.

Most developed countries have been able to design a VAT system to support healthcare, social welfare programs and income redistribution programs.

Multinational companies and rich individuals can avoid income taxes very easily. It is harder to avoid VAT and consumption taxes.
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I think the arguments against consumption tax are generally well known. It is regressive in that the less you earn the higher a share of your income you will pay in consumption taxes.
 
Tubs_McNubs said:
Put it towards a state-wide single payer healthcare system ;)
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We voted on this in CO last Nov (it failed). We also passed a proposition that would make it much much harder for amendments (like universal HC and weed legalization) to get to the ballot ever again.

so yeah, im sure a few states will do some kind of UHC but it wont be CO sadly.
 
had some mile high mint chocolate when I was in colorado last month for a cousin's wedding. My brother and I flew into Denver and then drove (well, he drove) all the way to Telluride. We stopped at a dispensary along the way.

It was my first experience with any recreational substance (legal or otherwise). Felt like I was on a roller coaster going downhill as we drove up the mountains (even though I knew that was impossible, since we were ascending like 4000 feet from Denver to Telluride).
 
milanbaros said:
I think the arguments against consumption tax are generally well known. It is regressive in that the less you earn the higher a share of your income you will pay in consumption taxes.
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Technically, it is a flat amount because it stays the same rate with higher taxable income. But I've already discussed how consumption taxes are used for income redistribution and social welfare programs. One example is Canada's GST/HST credit: https://www.canada.ca/en/revenue-ag...-tax-harmonized-sales-tax-gst-hst-credit.html

But you can still prevent the "regressive" effect by exempting things like clothing, food, medicine, education, such that the tax only applies on luxury and business activities.

If the argument is "increase the income tax" that argument doesn't work where:

1) You literally cannot replace a consumption tax with a tax on income because the consumption taxpayers are not income taxpayers (they may be tourists, commuters)

2) The government cannot impose such an income tax (a city may not be allowed to impose an income tax, a state may not impose an income tax).

3) Income is easily shifted to avoid tax (corporate income tax).

Is your argument that the marijuana legalization should have been coupled with an income tax increase to raise this $500 million, instead of the consumption tax?
 
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