Set to be implemented by 2017, voters approved the measure by a 20-point margin. At least $3.5 million is expected to be raised by the year 2020 through a five percent marijuana tax, allowing at least 400 students to receive scholarships of about $1,000 each per year to one of two public colleges in Pueblo County.

Although the newly approved measure ups the marijuana tax from 15 percent to 20 percent, Pueblo County’s booming pot industry didn’t seem to mind. Some are concerned, however, about the message it sends to kids, since weed will be funding their college tuition, yet they won’t be able to legally use the herb until they turn 21.


“‘Adding a scholarship that comes from an industry we are fostering is a logical method to address several of our community issues, including an unemployment rate that lags the statewide average,’ said Chris Markuson, Pueblo’s economic development director.”
Quote from Twisted News article:

http://www.twisted.news/2015-11-12-colorado-to-offer-pot-funded-sch...