Colorado: Medical Marijuana Handbook

Colorado:

Colorado Marijuana Tax Rate

Sales Tax Medical Excise Tax Medical Max Medical Tax Sales Tax Recreational Excise Tax Recreational Max Recreational Tax
2.90% N/A 2.90% 15.00% 15.00% 30.00%

2021 Colorado Medical Marijuana Handbook

Colorado has 7 bordering states consisting of Arizona, Kansas, Nebraska, New Mexico, Oklahoma, Utah, and Wyoming.

Medical marijuana is legal in Arizona and is subject to a cannabis sales tax of 5.60%. There is no cannabis excise tax charged on medical marijuana in Arizona.


Medical marijuana is legal in New Mexico , but they choose not to tax medical marijuana. There is, however, a 5% cannabis excise tax on all sales of medical marijuana in New Mexico.


Medical marijuana is legal in Oklahoma and is subject to a cannabis sales tax of 4.50%. There is also a 7% cannabis excise tax on all sales of medical marijuana in Oklahoma.


Medical marijuana is legal in Utah , but there is no cannabis sales tax on it. There is no cannabis excise tax charged on medical marijuana in Utah.


Medical Marijuana is illegal in Kansas, Nebraska, and Wyoming, so there is no tax on medical marijuana in those states.

About Colorado Medical Marijuana

Is medical marijuana legal in Colorado?

Yes, medical marijuana is legal in Colorado

When and how did Colorado legalize marijuana for medical use?

Colorado legalized medical marijuana in 2000. This law was passed using Ballot Amendment 20 and passed with a vote of 54%. The official name for this law is the Colorado Medical Marijuana Code: CO Revised Statutes Title 18 Article 18-406.3

Colorado Medical Marijuana possession limits


Marijuana:

  • 2 oz.

Plants:

  • 6 plants, 3 flowering at a time

Is it legal to grow marijuana for medicinal use at home in Colorado?

Yes, medical marijuana patients are allowed to grow marijuana for medicinal use.

Are there medical dispensaries available to patients?

Yes, as long as the patient presents the appropriate documentation for Colorado.

Is there a list of specific conditions for medical marijuana in Colorado?

Colorado only allows medical use of Marijuana, or Marijuana related products, in patients with a debilitating medical condition. Some examples are:

  • cancer
  • glaucoma
  • seizures
  • PTSD

The list above, and more detailed information on it, can be found in the Colorado medical marijuana law

Does Colorado have a medical registry system or ID card?

Yes, Colorado keeps track of their medical marijuna patients.

Does Colorado recognize patients from other states?

No, Colorado does not recognize patients from any state.

Are there any age restrictions for medical marijuana in Colorado?

If the patient is under the age of 18, they will need a parent present because the physician must consult the minor's parent.


** This Document Provided By SalesTaxHandbook **
Source: http://www.salestaxhandbook.com/colorado/marijuana/medical