Activists to Hand Out Free Joints in Denver to Protest Proposed Tax Rate on Recreational Cannabis

Today at 11am, activists will hand out hundreds of free joints in Denver, Colorado to protest a proposed tax rate for the newly-legal recreational cannabis industry which will be voted on this November.freejoints

The event will take place at Denver Civic Center Park, and will be entirely legal given that sharing cannabis is no longer a crime in Colorado, as long as they don’t receive payment.

According to No Over Taxation, the registered political committee behind the event; “This November, voters will vote on Proposition AA, which calls for an excise tax of 15% on wholesale marijuana, and a 15% sales tax on retail sales and transfers of marijuana”, they continue,  “These taxes are in addition to 2.9% local sales tax and 7.62% sales tax in Denver. Adding to the tax burden, Denver is proposing an extreme 15% local sales tax.  In Denver alone, the tax rate has the potential to become 52.62%.”

According to the group, “These tax increases will decimate small and medium sized marijuana businesses.  Only corporations the size of Walmart or Phillip Morris will be able to grow the amounts of marijuana necessary to be able to afford these extreme taxes.”

This is an issue, advocates say, because; “Marijuana legalization, if regulated properly, will provide for a new frontier in economic growth. However, through over regulation and over taxation, the fledgling industry risks going back into the hands of the black market, undoing decades of work in righting failed and expensive drug war policies.”

Those who have any questions about this event should contact Miguel Lopez, Volunteer Coordinator for No Over Taxation, at 720-338-8766.

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2 comments

    • Paul Cardosi on September 9, 2013 at 12:52 pm
    • Reply

    by putting such a high tax rate on it they are screwin the pooch. it’s too easy to grow. who ya gonna buy it from, your buddy who’s growin it organically for a reasonable price of go down to the store and pay out the sphincter in taxes? i know where i’d go. they need to keep it reasonible. this aint tobacco people will grow this themselves.

      • Anonymous on April 15, 2014 at 12:08 pm
      • Reply

      its true its too easy to grow

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