Medical pot shops get head start in Colo.

2:40 PM, Apr 25, 2013   |    comments
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DENVER (AP) - Medical pot shops will get a head start when Colorado opens recreational pot sales next year. And the drug could be taxed more than 30 percent. That's according to measures adopted Thursday in a state House committee.

One of the bills gives current medical marijuana licensees a nine-month exclusive. The existing industry was lobbying for a much longer head start, but lawmakers rolled it back out of concerns they'd give medical shops an unfair advantage.

The committee also approved taxes up to 30 percent on recreational pot. Voters will get the final say. The 30 percent taxes could be in addition to local pot taxes, meaning consumers could pay more.

The marijuana bills could see debate by the full House as soon as Friday.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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