Colorado County Gives High School Graduates $420K in Cannabis-Funded Scholarships | Leafly

Colorado’s cannabis industry has now helped give $420,000 in scholarships to 210 Pueblo County high school graduates. On June 20, the high school seniors each received $2,000 in cannabis tax-funded grants from the Pueblo County Scholarship Fund and the Colorado Opportunity Scholarship Initiative.Pueblo County Commissioner Sal Pace told the Pueblo Chieftan that the dollar amount was a mere coincidence, not a reference to ’420’ cannabis slang. In February, estimates put the projected amount at $425,000.The program is believed to be the first academic scholarship in the world to be funded by cannabis tax.

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Source: Colorado County Gives High School Graduates $420K in Cannabis-Funded Scholarships | Leafly

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