Littleton Colorado Voters To Decide On 4% Increase In Special Retail Marijuana Sales Tax

The City of Littleton is leaving it up to voters to decide whether or not to raise a marijuana sales tax. Money collected from the tax will go toward funding public safety needs.

The November ballot question is asking voters to raise the city’s special retail marijuana tax by 4%. The city’s current special retail marijuana sales tax rate is 3%, therefore a voter approval would bump it up to 7%. Combine that with the city’s regular sales tax rate, and customers would pay 12.25% in total city taxes.

If passed, Littleton would become one of the most taxed cities in the Denver Metro Area, up there with Federal Heights, Aurora and Commerce City.

“I think for a decision like this, and with the implications that it would have, it absolutely deserves to be on the ballot,” said Ben Mahler, the operations manager at Ascend Cannabis Co. “This industry is not the most forgiving. We’re constantly being handed down new regulations.”

To Read The Rest Of This Article On CBS, Click Here

The post Littleton Colorado Voters To Decide On 4% Increase In Special Retail Marijuana Sales Tax appeared first on Marijuana Retail Report – News and Information for Cannabis Retailers.