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Colorado county using $425K in local pot taxes for college scholarships – Cannabis News

Pueblo County expands its cannabis-funded scholarships with eye on having high school graduates enroll at local colleges.

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. T

he 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.

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Alicia Wallace ~ TheCannabist.co ~

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