SOUTHERN COLORADO — It has been 10 years since Colorado legalized marijuana on the State degree. Throughout that course of, cities and counties throughout the state may decide whether or not their communities would enable for the sale of leisure marijuana.
Many counties and cities throughout Southern Colorado have already got an intensive medical marijuana business, nevertheless, whereas it’s medical many of those cities and communities have a ban on leisure promoting.
Once more the legalization of leisure marijuana is on many ballots all through southern Colorado. Beneath are evaluation of the poll measures, a abstract of feedback for and towards them, and the fiscal info related to every poll measure.
Metropolis of Colorado Springs Poll Difficulty 300
An initiative from supporters of leisure marijuana is on the poll in Colorado Springs as Proposition 300 for authorizing the regulation of leisure marijuana within the metropolis, which at the moment solely permits medicinal marijuana gross sales.
Metropolis Officers have expressed their disinterest and hope the town votes towards the measure, Metropolis Council handed a decision in October expressing their opposition to 300 and 301. Whereas supporters of the initiative are arguing that the town is already dropping giant quantities of tax income that could possibly be put again into group applications and tasks.
Metropolis of Colorado Springs Poll Difficulty 301
If the measure on leisure marijuana is handed poll measure 301 is asking for the town to extend taxes by $5,600,000 yearly with a marijuana gross sales tax of 5% that may generate income to solely be utilized in funding public security applications, psychological well being companies, and post-traumatic stress dysfunction remedy applications for veterans.
The town would additionally reserve the precise to keep up any extra tax income generated by means of the tax for use on voter-approved tasks.
City of Palmer Lake Poll Difficulty 2C
Voters in Palmer Lake will determine whether or not or to not implement a tax enhance of $1,343,000 within the 12 months 2023 and transfer ahead with legalizing the leisure sale of marijuana.
The town would additionally take extra tax income generated by means of the sale of leisure marijuana by $15 million from the present $11.238 million to not surpass $26.238 million if the poll query passes.
City of Palmer Lake Poll Difficulty 2D
If poll difficulty 2C passes, the city of Palmer Lake is trying to restrict the variety of marijuana dispensaries inside metropolis limits. If 2D passes it could restrict the variety of dispensaries inside the metropolis to 2.
Cripple Creek 2B – Marijuana Taxes
The Metropolis of Cripple Creek can be legalizing the sale of marijuana. Cripple Creek poll measure 2B is a poll to impose the taxation of medical marijuana gross sales and is trying to generate between 100,000 – 1,000,000 {dollars} in tax income within the first full fiscal 12 months of 2023.
2B additionally outlines the taxation plan for marijuana gross sales for the years to observe as nicely. After the primary fiscal 12 months, the town can be imposing a 5% excise tax on all leisure gross sales sooner or later.
The town would use the preliminary 25% of the excise tax revenue to make use of as vacation spot advertising and marketing for the Metropolis of Cripple Creek. An extra 18% tax on any marijuana transaction, with a flat $5 greenback price per transaction on medical and leisure gross sales if it passes.
The tax income from these marijuana taxes can be utilized by the town for no matter goal they could want with voter approval as said within the poll language and in keeping with the Colorado structure.
Cripple Creek 2C – Enable Marijuana Gross sales
Cripple Creek’s poll measure 2C is in regards to the precise sale of marijuana within the metropolis and is asking whether or not or not licensed amenities needs to be allowed to promote marijuana in Cripple Creek. If handed Cripple Creek will start the promoting of marijuana inside metropolis limits and gather tax on these transactions.
Metropolis of Lamar 300 – Limiting Marijuana
The Metropolis of Lamar is proposing an all-out complete ban and penalization of marijuana inside metropolis limits. Poll query 300 would see a brand new metropolis modification added to the town constitution that may make any type of manufacturing, and distribution unlawful inside metropolis limits.
Sugar Metropolis 2A – Marijuana Gross sales Tax (5%)
Within the poll measure of Sugar Metropolis for poll measure 2A which might see a 5% tax on the sale of any marijuana merchandise starting in 2023. The tax income generated is utilized by the town for any voter-approved challenge.
____
Watch KOAA News5 in your time, anytime with our free streaming app out there in your Roku, FireTV, AppleTV and Android TV. Simply search KOAA News5, obtain and begin watching.
