SOUTH COLORADO – It’s been 10 years since Colorado legalized marijuana at the state level. During this process, cities and counties across the state could determine whether their communities would allow the sale of recreational marijuana.
Many counties and towns in southern Colorado already have a large medical marijuana industry, however, despite being medical, many of these towns and communities prohibit recreational sales.
Again, the legalization of recreational marijuana is on many ballots in southern Colorado. Below is an analysis of the ballot metrics, a summary of comments for and against them, and tax information associated with each ballot metric.
An initiative of recreational marijuana supporters is on the ballot in Colorado Springs as Proposition 300 to allow recreational marijuana regulation in the city, which currently only allows medical marijuana sales.
City officials have expressed disinterest and hope the city will vote against the measure, the city council passed A resolution in October expressing their opposition to the 300 and 301. While supporters of the initiative argue that the city is already losing large amounts of tax revenue that could be reinvested in community programs and projects.
As of 10:00 p.m., Colorado Springs Ballot Issue 300 sits with 57% of votes against the issue.
If the Recreational Marijuana Measure passes, Ballot Measure 301 asks the city to raise taxes by $5,600,000 a year with a 5% marijuana sales tax that would generate revenue to use only to fund public safety programs, mental health services and the post office. – traumatic stress disorder treatment programs for veterans.
The city would also reserve the right to retain any additional tax revenue generated from the tax to be used on voter-approved projects.
As of 10:00 p.m., the Colorado Springs Ballot Issue 301 stands 52% in favor of the amendment.
Palmer Lake voters will decide whether or not to implement a $1,343,000 tax increase in 2023 and move forward with legalizing the recreational sale of marijuana.
The city would also collect additional tax revenue generated from the sale of recreational marijuana of $15 million from the current $11.238 million not to exceed $26.238 million if the ballot question passes.
If vote number 2C passes, the city of Palmer Lake seeks to limit the number of marijuana dispensaries within city limits. If 2D is successful, it would limit the number of dispensaries in the city to two.
The town of Cripple Creek is also considering legalizing the sale of marijuana. Measure 2B of the Cripple Creek vote is a vote to impose taxation on sales of medical marijuana and seeks to generate between $100,000 and $1,000,000 in tax revenue in the first full fiscal year of 2023.
2B also outlines the marijuana sales tax plan for the coming years. After the first fiscal year, the city would impose a 5% excise tax on all recreational sales going forward.
The city would use the initial 25% of the excise tax revenue as a marketing destination for the town of Cripple Creek. An additional 18% tax on any marijuana transaction, with a flat rate of $5 per transaction on medical and recreational sales if it passes.
The tax revenue from these marijuana taxes will be used by the city for all purposes with the approval of the voters, as stated in the wording of the ballot and in accordance with the constitution of Colorado.
As of 10 p.m., Cripple Creek Issue 2B sits with 53% no votes on the marijuana tax.
The Cripple Creek Ballot Measure 2C addresses the actual sale of marijuana in the city and asks whether or not licensed establishments should be allowed to sell marijuana in Cripple Creek. If passed, Cripple Creek will begin selling marijuana within city limits and collect taxes on those transactions.
At 10 p.m., number 2C shows 54% of the vote in favor of retail marijuana.
The City of Lamar is proposing a total ban and criminalization of marijuana within city limits. Ballot question 300 would see a new city amendment added to the city charter this would make any form of production and distribution illegal within the city limits.
At 10 p.m., the city of Lamar issue 300 sits with 53% of the vote against the proposed amendment.
In Sugar City’s ballot measure for ballot measure 2A which would see a 5% tax on the sale of any marijuana product beginning in 2023. The tax revenue generated is used by the city for any project approved by the electors.
At 10 p.m., the Sugar City 2A problem is 56% over the proposed taxation problem.
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