Marijuana farmers unlikely to see farm tax perks

By: Associated Press Email
By: Associated Press Email

DENVER (AP) Marijuana farmers and agricultural taxation are the next wrinkle facing the states that have legal weed as lawmakers debate how to tax the product as it grows in the ground.

Legislatures in Colorado and Washington are taking a look at pot farmers this session. Sales began Jan. 1 in Colorado and are due to begin in Washington in the coming months.

The states have already decided how to tax finished marijuana. But they are still mulling taxes as pot is produced, such as how the land on which marijuana is grown should be assessed for property taxes.

Some lawmakers in both states say marijuana growers shouldn't be eligible for any taxation perks afforded to farmers that grow conventional crops. Others say that marijuana while it's growing should be treated like the hops and barley that go on to become highly taxed alcohol.


KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.

powered by Disqus
KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 244633661 - nbc11news.com/a?a=244633661
Gray Television, Inc.