Denver Council Rejects Proposals to Further Restrict Recreational Cannabis, Approves 3.5% Tax

This evening Denver’s City Council finally came to agreement on a tax rate for recreational cannabis,bill-gives-states-marijuana-tax-power-thcf which will be set at 3.5%. During the same meeting, the council rejected two proposals to further restrict recreational cannabis outlets.

Under one of the rejected proposals – which failed by one vote – cannabis retail outlets would have been prohibited from ever moving locations. The second rejected proposal – which failed 5 to 8 – would have prohibited recreational cannabis stores from being located within 2,500 feet from a school, a move which some council members argued would be an “effective ban”.

Read moreDenver Council Rejects Proposals to Further Restrict Recreational Cannabis, Approves 3.5% Tax