Tag: Department of Revenue

By Christopher Osher | Colorado Politics Plaintiff says state owes over $100 million in refunds This article was produced in partnership with ProPublica’s Local Reporting Network. The regulators of Colorado’s first-in-the-nation recreational marijuana market have allowed so many sham transactions in the industry to proliferate that honest cultivators and manufacturers shoulder an unfair excise tax burden, claims a lawsuit filed on Thursday that seeks class-action status. The lawsuit, filed by a large-scale marijuana cultivator in the state, claims the state owes millions of dollars in tax refunds. It alleges failures in enforcement by the Marijuana Enforcement Division have allowed “distortions” in how the state calculates the average market rate (AMR) for unprocessed marijuana tha...