Marijuana tax hol saves growers
COLORADO'S marijuana growers - and shoppers - have saved a packet in a one-day tax holiday on the product.
COLORADO'S marijuana growers were the big winners when the state suspended new recreational pot taxes for a day, a tax quirk that saved shoppers some sales tax but saved wholesalers tens of thousands.
PROMPTED by a quirk in state tax law, the one-day tax suspension allowed growers to transfer a month or more of inventory without paying 15 per cent excise taxes, or $US300 ($A418.32) a pound.