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Colorado gov. says pot fees helping budget deficit

August 23, 2010

Medical Marijuana
Image by dumbeast via Flickr

 

spcs

The Associated Press
Monday, August 23, 2010; 4:52 PM

DENVER — Gov. Bill Ritter is using $9 million from medical marijuana registrations to help the state meet a $60 million fiscal emergency.

The state anticipates ending the year with 150,000 applicants for medical marijuana cards, up from 41,000 in 2009. A marijuana card costs $90 per year.

Backers of medical marijuana legislation in a number of states and cities have touted revenue from possible taxes and other fees as a selling point at a time of tight fiscal funding.

See original posting:  http://www.washingtonpost.com/wp-dyn/content/article/2010/08/23/AR2010082303763.html

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