Reuters: U.S.: Colorado voters approve 25 percent taxes on recreational marijuana

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Colorado voters approve 25 percent taxes on recreational marijuana Nov 6th 2013, 06:20 DENVER | Tue Nov 5, 2013 11:44pm EST DENVER (Reuters) - Supporters said on Tuesday that a Colorado measure to levy taxes on newly legalized sales of recreational marijuana and earmark the first $40 million in revenue for public schools had been approved by voters. "We are grateful voters approved funding that will allow for a strong regulatory environment, just like liquor is regulated. We will do everything in our power to make sure kids don't smoke pot and that we don't have people driving who are high," Colorado Governor John Hickenlooper said in a statement. (Reporting by Keith Coffman; Writing by Dan Whitcomb; Editing by Cynthia Johnston)

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