Colorado county using $425K in local pot taxes for college scholarships
By Alicia Wallace / The Cannabist Staff
Vince Chandler, The Denver Post
A Colorado county is turning marijuana tax revenue into more college scholarships.
Pueblo County’s board of commissioners on Monday morning OK’d a contract that creates a nearly $475,000 scholarship fund for local high school seniors attending college in Pueblo. The lion’s share of that fund — $425,000 — came from excise tax collections from cannabis cultivation, said county spokeswoman Paris Carmichael.
“If we can continue growing this, this could be game-changing for Pueblo,” she said.
Read the full story on The Denver Post website, click here.
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