Colorado city is giving $1.5 million from marijuana tax to help the homeless

Warning message

The subscription service is currently unavailable. Please try again later.

One of the largest cities in Colorado is donating millions of dollars raised by taxes on marijuana sales to local non-profit organisations which help the homeless.

Aurora will use a significant portion of the $4.5 million revenue from recreational cannabis to fund the Colfax Community Network, which helps low-income families to live in motels, apartments and provides food, clothing, hygiene products and nappies, as well as other local programmes. 

A total of $1.5 million of the revenue has been earmarked for homeless efforts in the 2017 and 2018 city budgets, in addition to the $1.5 million already approved for the 2016 budget.

Colorado has already given the non-profit around $220,000 to assist with operating expenses, part of a two-year plan to deal with homelessness in the state’s third largest city.

“The Colfax Community Network is in extremely dire straits in that they do not have funds to continue operating,” Nancy Sheffield,...

e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.