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Appeals court rejects theory that existing tax revenue undermines need for new fees
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Colorado’s second-highest court rejected a plaintiff’s claim last week that the tax revenue generated by an existing activity should prevent local governments from imposing new fees aimed at regulating the activity. The question stemmed from Colorado’s unique constraints on taxation under the 1992 Taxpayer’s Bill of Rights. The constitutional amendment generally requires voter approval of…
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Colorado’s March marijuana revenue highest of 2022, but still down from last year
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Colorado saw an increase in its marijuana sales from February to March, but the figure is still lower than March 2021, causing concern for some in the industry. The marijuana industry brought in $162.5 million in revenue in March, $17.2 million, or about 12%, more than February. But this total is $44.6 million less than…
