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Home 🌿 Marijuana Business News 🌿 Marijuana sales tax revenue huge boon for Colorado cities 🌿Marijuana sales tax revenue huge boon for Colorado cities
From small towns that barely dot the map to the state’s largest urban areas, revenue from retail marijuana sales is helping communities address homelessness, send children to college, patch potholes, secure water rights and fund an array of projects.
Aurora is using $1.5 million of its revenue from pot sales and fees to address its homeless issue. Money also is going to road improvements and a new recreation center.
Jason Langley starts to place a sheet on his bed for the night at the Comitis Crisis Center on March 30, 2016 in Aurora, Colorado. Aurora is using $1.5 million of its revenue from pot sales and fees to address its homeless issue.
Adams County has earmarked more than $500,000 for scholarships for low-income students. Wheat Ridge keeps its revenue in the city’s general fund, and it’s used in a variety of areas. The same goes for Northglenn, where five marijuana...
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