Tuesday 60 percent of Pueblo County voted to pass a measure that will allocate marijuana tax revenues to provide students with college scholarships, according to CNN.
“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,” said Paris Carmichael, a Pueblo County spokesperson.
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Starting in 2017, marijuana growers will see a 5 percent tax increase. A predicted $3.5 million in revenues will be split in two. Half to fund the student scholarship program, the other half will be used for community projects.
To read more about the new measure passed in Pueblo County, check out the full article.
