Having passed its third and final reading in the Colorado House, Senate Bill 19 now only awaits the Governor’s signature. The bill allows same-sex couples residing in Colorado and married in one of the 17 states and the District of Columbia where same-sex marriage is legal to file joint state taxes.
Financial instutitions have been reluctant to open accounts with marijuana businesses for fear of racketeering or money laundering charges. That could change soon.
Credit Luke Runyon / KUNC and Harvest Public Media
The “Cash Only” signs that are ubiquitous in Colorado’s marijuana businesses, medicinal or recreational, could soon be on the way out. Attorney General Eric Holder says the U.S. Department of Justice will soon issue guidelines meant to put skittish financial institutions at ease about dealing in the burgeoning marijuana industry.
Colorado made history when it opened up licensed marijuana retail shops. Aside from just legalizing the purchase of smoke-able marijuana, it also means pot brownies have the potential to be big business.
If you ventured online Monday for that deal on a great gift, you joined millions of Americans on Cyber Monday. Analysts are calling it the busiest online shopping day of the year. Many companies include Colorado sales tax on that purchase. But if they don’t, it’s up to you to pay the state directly.