Colorado Prepares to Set Average Prices

[Avinash.miles]

http://www.colorado.gov/cs/Satellit...goBlobs&blobwhere=1251900820189&ssbinary=true

Link is to a survey by Colorado Department of Revenue;

"to determine an “average market rate” for the average price of marijuana sold as a wholesale transaction "
...
"Aggregated data will be used to calculate and establish an initial average market rate for the wholesale price of retail marijuana. "

 

[PoopyTeaBags]

And prices all around PLUMMET!! lol

 

[Arthritis_sucks]

Funny survey....I see the same question over an over.....How much can we tax you? How much can we tax you? How much can we tax you?

 

[Avinash.miles]

you get the idea....

 

[trichrider]

they want your keys too?

 

[Kush Technician]

free the weed muthafooks!!! ffs

 

[OvergrowDaWorld]

Theres always gonna be ALOT/MOST of the tokers that cannot get a MMJ card, so there is always gonna be a market for those people. Atleast until it goes public/social, and all who want to buy it ,can, in any MMJ store.
Until then....Overgrow the world and free the weed!

 

[AlterEgo860]

the thing is.. many people don't want to be on a list.. or have a important job.. and don't want that shit being known... or have kids.. and know that CPS.. doesn't need to know if u smoke weed or not.. basicly.. if u can go to the liquor store and buy booze and drink and not get your kids taken away.. then you shouldn't be punished for smoking pot.

 

[OLDproLg]

well said!!!!!!

Fuck all that list shit,checks an what not???
Freedom is near..........just hold on!!!
Lg

 

[PoopyTeaBags]

i still think it would be better to decriminalize and leave medical open then to legalize and get big business and the government involved.... but heres to hoping!!

 

[OrganicOzarks]

Weed is really, really, really cheap in Colorado. At least if you grow your own.

 

[Jhhnn]

i still think it would be better to decriminalize and leave medical open then to legalize and get big business and the government involved.... but heres to hoping!!

Decrim by itself is pretty half-assed. Decrim weed has to come from somewhere, somewhere illegal, and that's the problem. Illegal growers & importers are not known for necessarily being scrupulous about much of anything, certainly not what goes into their product.

Part of what legalized weed offers is a healthful product, free of dangerous pesticides, fungicides, growth regulators & so forth. There's no way to tell with street weed. OTOH, Colorado regs disallow an enormous list of chemicals in the production of weed, similar to regs about food production, which can't be a bad thing. Obviously, that's imperfect, I'm sure, but it's a move in the right direction.

Unlike Washington, Coloradans can also grow their own quite anonymously, a whole different level of decrim. Doing that, one can be certain what went into it, which can't be a bad thing, either. Not everybody wants or has what it takes to do that, so they'll just buy it, like beer.

 

[OilGuy]

meh, prices have been bottomed out in CO since the disp. rule change in 2009 forcing disp's to grow 70% of their own... top shelp @ $150 - $200/oz already... aint going much lower + add in the tax

 

[TheCleanGame]

meh, prices have been bottomed out in CO since the disp. rule change in 2009 forcing disp's to grow 70% of their own... top shelp @ $150 - $200/oz already... aint going much lower + add in the tax

What's funny is the local neighbor usually has better 'top shelf' around here than the disp... Maybe it's just my neighborhood?

LOL

I'm with Jnhnn

[FONT=Arial, Helvetica, sans-serif]Coloradans can also grow their own quite anonymously, a whole different level of decrim. Doing that, one can be certain what went into it, which can't be a bad thing, either. Not everybody wants or has what it takes to do that, so they'll just buy it, like beer. [/FONT]

(From those who can...)

The thing is... we're looking at the budwiser of cannabis coming and I'm of the crowd that can't stand such a low quality product. For me? Moving to Colorado a few years ago was the best decision I could have made.

It's all starting to come together in a beautiful way.

I mean... people's "parents" (70+) are talking about growing... especially with the idea of cannabis that doesn't get you high. Wow.

Keep it Clean!

 

[elkie]

I live in the rockies, Colo, and I will def grow my own. You can have 6 plants total with only 3 being in flower at any given time. I can grow 3 trees if I choose. the ounce max part of the law is on your person in public, there is zero restriction on quantity in your home. Just it all has to be behind a locked door. not outside. elk..

 

[OilGuy]

yup yup, I think that's one of the most beautiful things about Colorado's new law... the CONSTITUTIONAL protection to grow your own... even as cities ban the recreational sale they cannot ban the right for any person over the age of 21 to grow their 6 plants.

 

[yesum]

Good news for Colorado! Washington is working on a grow your own law too.

Being here in Southern California is not my idea of heaven but growing my own is a damn big perk.

'The beach, the mountains, the desert, pretty women, I so love this great state.' You hear that shit from some here.

For me it is: I can can grow pot legal.

 

[thestruggle]

Funny survey....I see the same question over an over.....How much can we tax you? How much can we tax you? How much can we tax you?

And "How can we manipulate the price of this commodity in order to make massive profits trading it?"

 

[supermanlives]

the mountains rule. I have grown weed everywhere I have lived legal or not.but I moved to cali specifically for the lax weed laws and abundance of clones an seeds to be had locally in state

 

[Avinash.miles]

Dear Mr. / Ms. NAME:
As a business owner of a Retail Marijuana Cultivation Facility, it is important to know that your business must collect and remit an excise tax on the first sale or transfer of unprocessed retail marijuana at a rate of 15% of the Average Market Rate beginning January 1, 2014.[1] Please note that this is not the one time transfer of product from your Medical Marijuana Business to Retail Marijuana Establishment, but any subsequent sale or transfer of product from your Retail Marijuana Cultivation Facility to any Retail Marijuana Store, other Retail Cultivation Facility, or Retail Marijuana Products Manufacturer.
The Average Market Rate is a dollar value per pound of unprocessed retail marijuana. The Average Market Rate was calculated based on responses by industry representatives of Medical Marijuana Businesses to the survey questions sent to them in October, November, and December 2013. The surveys included questions about both arms-length transactions and integrated sales in order to respond sensitively to the statutory requirement to base the Average Market Rate on the price of all unprocessed marijuana that is sold or transferred in the state.
It is important to note that with this being a new industry; the Department of Revenue will review and evaluate the current Average Market Rate every six months.
The Average Market Rate for unprocessed retail marijuana for the period of January 1, 2014 through June 30, 2014 is:
Retail Flower Rate
$1,876/ pound
Retail Trim
$296/ pound
Retail Immature Plant
$9/ plant
For future reference, the Average Market Rate will be:
Included in the Retail Marijuana Excise Tax Return and can be used to calculate tax due when filing.
Updated on the Department’s Web site; www.TaxColorado.com Click on the “Other Taxes” tab, and then click on “Marijuana Taxes.”
Sent through a secure web message if an email address has been provided

If you have questions regarding this letter, call Anthony Muller at (303) 205-8211 ext. 6860. Please visit our Web site at www.TaxColorado.com for additional information.
Respectfully,
John Vecchiarelli
Senior Director Taxation Division