The Aurora Town Council has till Sept. 7 to iron out the ballot question’s wording, but voters will almost unquestionably have to make your mind up on whether to tax medical marijuana — equally as recreational marijuana revenue are taxed.
Council associates made the decision to look at a tax following town staff believed a $1.eight million deficit linked to making it possible for medical sales. That’s according to info on profits in neighboring Denver, wherever medical marijuana can make up 35 percent of all marijuana income in town.
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Staff members advised council associates very last thirty day period that the proposed income tax — four per cent — would get rid of the anticipated deficit a result of individuals switching in excess of from recreational to marijuana solutions.
Lifting the ban would also make it possible for medical-pot growers in Aurora. Town paperwork stated growers started out approaching the city throughout the last calendar year about the possibility of getting a license to grow medical marijuana crops. As being the ban stands now, they can’t.
Aurora town workers count on that to become with regards to the similar in Aurora — which might bring on the deficit. But Aurora Councilwoman Read Full Report Nicole Johnston claimed for the duration of town conferences she’s anxious that amount may be off, as more people may perhaps not travel to Denver for medical marijuana like they are doing now.
It absolutely was defeated. A Sure vote was a vote in favor of authorizing the town to impose a 4 % gross sales and use tax on medical marijuana and medical marijuana-infused items.
A no vote was a vote against authorizing town to impose a four p.c income and use tax on medical marijuana and medical marijuana-infused products and solutions.
This evaluate was put around the ballot via a vote with the governing officials of Aurora, Colorado. See also
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Council members may well give the ultimate OK on the ballot query — or thoughts — on Monday over the typical council Conference. If they do, the issue will join a photograph red mild problem, a charter adjust extending the probation period why not find out more of police officers and firefighters, and inquiring voters if the metropolis really should be permitted to supply Online company.
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Some council members elevated fears about the amount of medical marijuana stores that could pop up because of the proposed evaluate’s passage, but These facts would be sorted out later on through the council.
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Concern 3G asked voters no matter if Aurora shall impose a 4 % sales tax on medical marijuana and medical marijuana-infused products and solutions. Another questioned whether or not my sources the city shall license cultivation facilities and production services.