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Home 🌿 Recreational Marijuana News 🌿 GAMADES: Potential marijuana-funded scholarship a stepping stone to improve Colorado education system 🌿GAMADES: Potential marijuana-funded scholarship a stepping stone to improve Colorado education system
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The subscription service is currently unavailable. Please try again later.Beginning in 2017, high school graduates in a Colorado county will be able to apply for a college scholarship funded by a marijuana tax.
Voters in Pueblo County approved a measure that would incrementally increase taxes on marijuana by 5 percent over the next five years in order to fund college scholarships and other community improvement projects. Funding education via a tax on a recreational drug is something Time called “a concept that probably would have been laughed off as a total joke just a few years ago.”
County officials believe this measure is the first of its nature and are hopeful that this program will allow more families in their community send their children to school.
Colorado voted to legalize marijuana in 2012 and public sale of the drug began on January 1, 2014. Since then, crime rates have fallen and the industry has boomed, generating $63 million in tax...
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