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The Bureau of Land Management Colorado State Office seeks public comment on upcoming competitive oil and gas lease sale

The Bureau of Land Management Colorado State Office seeks public comment on upcoming competitive oil and gas lease sale
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Targeted News Service

Targeted News Service
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State marijuana tax dollars provide limited support locally

Marijuana is displayed in glass canisters in glass cases around High Q in the Snowmass Village Mall. (Kelsey Brunner/The Aspen Times) The three-county region of Eagle, Garfield and Pitkin encompasses 5,621 square miles, has a combined population of 133,000 residents, and is home to dozens of marijuana shops. Those stores also combined for more than $66 million of Colorado’s record-breaking $2.2 billion in retail sales of marijuana in 2020, according to Colorado Department Revenue data. Consumers of retail marijuana in Colorado are hit with a trio of taxes at the point of sale there’s a 2.9% state sales tax, a 15% marijuana retail sales tax (not applicable to medical pot), and a 15% excise tax. Some municipalities such as Snowmass Village, but not Aspen have additional taxes on cannabis. Snowmass voters passed a 5% sales tax on marijuana in November 2018.

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