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8 Nov, 2015

Scholarships funded by marijuana

Introduces Bill0 Comments

Starting in 2017, graduates from Pueblo County, CO, high schools can be eligible to receive a scholarship funded by the states marijuana tax. With 60% of the county voting in favor, growers should be expecting to pay 5% more in taxes by 2020. These taxes are expected to generate $3.5 million in taxes, half of which will go towards funding towards scholarships. Pueblo County spokesperson:

The whole point of the scholarship program was to make higher education a reality for families who can’t afford to send their kids to school because of debt.