DENVER – Colorado’s governor is scheduled to sign a series of bills to regulate and tax legal marijuana.
Gov. John Hickenlooper planned a Tuesday morning signing ceremony for six measures related Amendment 64, passed by voters last year. Amendment 64 allows adults over 21 to possess up to an ounce of marijuana. It also would allow people to grow as many as six marijuana plants in private, secure areas.
The new laws passed by lawmakers will:
– Dictate how marijuana should be grown, packaged and sold.
– Ask voters to tax pot at at least 25 percent, with proceeds going to school construction and regulating pot.
– Create a new limit for driving under the influence of marijuana, similar to the blood alcohol limit.
– Address tax issues for marijuana businesses, allowing them to claim certain business deductions at the state level even though their businesses violate federal law.