Colorado Voters Reject Plan to Increase Cannabis Taxes for Education Agency

Colorado Voters Reject Plan to Increase Cannabis Taxes for Education Agency
Colorado Voters Reject Plan to Increase Cannabis Taxes for Education Agency
Bud Samples by Anthony Quintano is licensed under CC BY 2.0

Colorado voters have rejected a proposal to raise taxes on adult-use cannabis in the state from 15% to 20% as part of a plan to create an independent education agency, Denver Business Journal reports. Proponents of the proposition conceded at 8:30 p.m. Tuesday when polls showed 54% of voters had voted no on the plan.

With 86% of precincts reporting, the margin had not changed significantly, with 54.5% of voters rejecting the initiative and 45.5% in support, according to Ballotpedia tracking.

Opponents of the plan included teachers’ unions, the cannabis industry, and some anti-tax conservatives who argued that the measure would create a new bureaucracy that would possibly be unconstitutional.
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