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Marijuana sales tax revenue huge boon for Colorado cities – Marijuana News - WeedLife News

Marijuana sales tax revenue huge boon for Colorado cities – Marijuana News

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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.

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.

Click here to read the complete article

Carlos Illescas ~ Denver Post ~

Finance 27 May 2016
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