Two States Have Legalized and Taxed Recreational Marijuana; Will Others Do the Same? WASHINGTON - Earlier this month, Colorado voters overwhelmingly approved a plan for taxing their state's legal marijuana market. And next month, Washington state will start issuing licenses to retailers to sell recreational marijuana. Washington and Colorado are set to provide a case study in the debate over legalization. That debate is expected to spread to other state legislatures next year - advocates have identified Rhode Island and Maine as potential targets - and also to foreign countries such as Uruguay. [continues 1158 words]
WASHINGTON - Colorado voters overwhelmingly approved a plan for taxing their state's legal marijuana market earlier this month. And Washington state will start issuing licenses to retailers next month to sell recreational marijuana. Washington and Colorado are set to provide a case study in the debate over legalization. That debate is expected to spread to other state legislatures next year - advocates have identified Rhode Island and Maine as potential targets - and also to foreign countries like Uruguay. It's unlikely the outcome in Colorado or Washington will settle the issue. But both sides agree the stakes are high. [continues 1187 words]
