Colorado Becomes The First To Offer Pot-Funded Scholarships

The Colorado marijuana industry is worth $1.3 billion. In its efforts to make college more affordable to students, Pueblo County will become the first community in the world to offer scholarships funded by Colorado’s marijuana tax revenue. Funding for the scholarship program’s first year will provide up to $475,000, which will provide each qualifying student with roughly a $1,000 scholarship. This fund was created by a 2015 ballot initiative, and uses about half of the county’s marijuana tax dollars, as the rest goes to “community enhancement projects.” Every student in Pueblo Country can apply for the scholarship until April 30th.


Rep. Tim Ryan (D-OH) isn't the most vocal cannabis advocate on the 2020 presidential campaign trail, but you shouldn't take that as a lack of support for marijuana legalization. Unlike many of the top contenders for the upcoming Democratic primaries, Ryan hasn't filed any of his own cannabis legalization bills.

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