NEWSMAX: Governor John Hickenlooper on Tuesday signed into law measures to regulate the recreational use of marijuana in Colorado, including blood-level limits for motorists and setting up a voter referendum to impose a tax on the non-medical sale of cannabis.
Colorado House of Representatives Assistant Majority Leader Dan Pabon said the legislation reflected the “will of the voters” who charged lawmakers with setting up the regulatory system after approving legalization in a vote last November.
One of the bills signed by Hickenlooper calls for a referendum in November on setting a 15 percent excise tax and an additional 10 percent sales tax on marijuana sales… (more)
EDITOR: This concept being followed by Colorado is “Tax, regulate and control.” With criminal elements pushed out of the distribution of marijuana, there will far less likelihood of youngsters obtaining access. It is a win, win situation all around.
