New federal government rules probably won’t affect town plans
By Summit Voice
SUMMIT COUNTY — The Breckenridge Town Council will discuss a proposed ordinance that would levy a 5 percent sales tax on retail sales of medical marijuana starting Jan. 1, 2012. The tax could generate more than $40,000 annually for the town, but is subject to approval by voters under the TABOR amendment.
In a short memo council members, town attorney Tim Berry discussed the potential implications of a recent guidance memo from the U.S. Department of Justice, which appears to take aim at large-scale medical marijuana businesses.
Berry said he doesn’t think there’s been a wholesale shift in the federal government’s stance on state-regulated medical marijuana. But the last paragraph of the memo states that, “those who knowingly facilitate” businesses engaged in the cultivation, sale or distribution of medical marijuana may be subject to federal prosecution. (more…)
Filed under: Breckenridge, Breckenridge town council, business, Colorado, economy, Health, Summit County Colorado, Summit County news | Tagged: Breckenridge Colorado, Breckenridge news, Cannabis, cannabis taxes, Controlled Substances Act, Medical cannabis, medical marijuana tax, Summit County Colorado, Summit County News, U.S. Department of Justice, United States Department of Justice | 4 Comments »