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On 4/20, Colorado Boasts Record-breaking Surplus Tax Revenue Used for Education, Homelessness

Author: McKinley Corbley / Source: Good News Network

The legalization of recreational marijuana has not just been a cause for celebration amongst Colorado stoners – it has also been a lifesaver for dozens of important state programs.

According to CNN, the state government has harvested over half a billion dollars in tax revenue and fees since retail marijuana stores started opening in January 2014.

The majority of that income was used to finance programs that would benefit “Colorado’s most vulnerable citizens”.

In 2017, Colorado Gov. John Hickenlooper signed a budget bill that legally instated the “Marijuana Tax Cash Fund”, which would finance school health programs; the creation of permanent housing for homeless and at-risk citizens; and…

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