Colorado regulators want to know: How much does marijuana cost?

The Denver Post (US)
Thursday, November 14, 2013

colorado-marijuanaColorado regulators have begun surveying marijuana businesses about the price of pot in an effort to implement a new excise tax that voters passed earlier this month. The tax places a 15 percent levy on the wholesale price of recreational marijuana when it moves between the grower and the seller. However, Colorado's recreational marijuana industry won't have a true wholesale market for the first nine months. They must grow almost everything they sell — meaning the wholesale transactions that will be subject to the excise tax are really just pot transfers in which no money is exchanged.