Denver City Council Sets Extra Tax Vote On Retail Cannabis

Yesterday, the Denver City Council approved a 3.5% additional sales tax on retail cannabis. The tax will be in addition to the 15% state sales tax, and must be approved by Denver voters in November to be implemented. A previous version of the proposed tax would start at 5% but could shift from 3.5% to as much as 15% without voter approval. The council also decided that a store can sell both medical and recreational marijuana without a physical barrier.