2012-11-07, 03:11 PM
CrazyForDex Wrote:Well Colorado called for their state legislature to create the regulations that will ensure the production and distribution of a "versatile and popular product." For people to want to smoke weed and provide revenue for the state, then the government needs to make their product well. The article also mentioned that the strains would be tested for THC potency and marked accordinly, so what I am hoping to see is a highly competitive and varied product.
All fluff really, I'm not saying drop the cause but I wouldn't count my chickens before they hatch either. I can imagine their market being similar to tobacco products. I mean people think they understand how tobacco and alcohol is regulated...but until you get into the tax law, oh my god, the surface, barely scratched.
Maryland recently came out with a new OTP law that makes it that regular cigar's have a 70% tax on the whole sale price. Right there, 70% on top of the regular price, and premium cigars only have a 30% tax rate.