AB604

DENVER — Money was pouring into Bruce Nassau’s five Colorado Legalized marijuana shops when his accountant called with the bad news: The 2014 tax season was approaching, and Mr. Nassau could not rely on the galaxy of deductions that other businesses use to reduce their tax bills. He was going to owe the Internal Revenue Service a small fortune. “I had to write a check for $275,000,” Mr. Nassau said. “Unbelievable.” The country’s rapidly growing 
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A new report finds black people remain more likely to face pot charges in Colorado, where cops are performing thousands of fewer arrests in keeping with the Colorado pot  pioneering legalization law. Legalization advocates generally note unequal enforcement outcomes alongside arguments that regulation can reduce criminality and reap tax windfalls. Colorado and Washington voters took the leap in 2012, followed by Alaska, Oregon and District of Columbia voters in November. Colorado’s legalization law allows most adults 
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