Colorado governor says $9 million in pot fees helping ease $60 million fiscal emergency

Published August 23, 2010

| Associated Press

DENVER – Gov. Bill Ritter is using $9 million from medical marijuana registrations to help the state meet a $60 million fiscal emergency.

The state anticipates ending the year with 150,000 applicants for medical marijuana cards, up from 41,000 in 2009. A marijuana card costs $90 per year.

Backers of medical marijuana legislation in a number of states and cities have touted revenue from possible taxes and other fees as a selling point at a time of tight fiscal funding.

URL

http://www.foxnews.comhttp://www.foxnews.com/us/2010/08/23/colorado-governor-says-million-pot-fees-helping-ease-million-fiscal-emergency/