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Expert Analysis

How Municipalities Can Leverage The Reefer Tax

Law360, New York (April 8, 2014, 1:57 PM EDT) -- In November 2013, Colorado voters approved Amendment 64, which amended the state's constitution to permit the personal use and regulation of marijuana. On Jan. 1, 2014, Colorado cannabis outlets opened their doors to long lines of eager customers happy to legally pay for their weed, despite a price that included a 15 percent excise tax and a 10 percent sales tax....

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