Colorado Marketing Operations Taxes 
PYMNTS
FEBRUARY 13, 2019
The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year. Last year, regulated marijuana sales in Colorado were nearly $1.55 billion the previous year.
PYMNTS
JUNE 21, 2018
States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. Do Sales Taxes Really Matter?
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PYMNTS
SEPTEMBER 25, 2019
The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.
PYMNTS
MAY 3, 2016
This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. Fields, chair of Morrison & Foerster LLP’s state and local tax group, told Bloomberg BNA.
PYMNTS
OCTOBER 17, 2018
Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA joins a small, but steadily growing, group of CUs that are offering financial services to this emerging market. This forces many operations to continue using cash.
PYMNTS
MARCH 22, 2017
Voters in Colorado amended their state constitution with Colorado Amendment 64, which essentially legalized the recreational consumption of marijuana for adults over 21. They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes. And then, in 2012, the situation got even more complicated.
PYMNTS
APRIL 12, 2019
Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30.
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