USA | Thank You For Toking: How Cannabis Taxes Help Colorado’s Schools

How Cannabis Taxes Help Colorado’s Budget
Photo: Gracie Malley for Cannabis Now

One of the most obvious yet nebulous benefits of cannabis legalization is the influx of tax revenue that states are receiving. Each state makes its own individual decisions about the size and nature of its taxes and how much they funnel to specific funds and departments, so until a particular law is written, all that is apparent is that state programs will benefit, but exactly how much remains unknown. But with Colorado, which legalized in 2012 and began legal sales in 2014, no such ambiguity exists. The benefits the state has enjoyed from legalization are quantified and visible, especially when examined through the lens of the state’s public school system.


Source: reposted by Cannabis News World . Original article by Owen Poindexter.

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