News

Schools get construction 

The Colorado State Board of Education agreed Thursday to allocate $401 million to 43 school construction projects – including some in Colorado Springs – under the program that is partially funded by marijuana state excise taxes.

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Where is that marijuana tax money going? 

Aurora

It only took four decades, but Aurora has opened a new recreation center paid for by cannabis revenues for a long-awaited rec center in Aurora.  More »

Boulder

Marijuana tax revenues help Boulder County Schools expand the number of school nurses by one-third and add about a dozen nurses to the district’s high schools. More »

Marijuana tax money targeted for Colorado’s full-day kindergarten rollout 

 

Up to $25 million is expected to help districts in rural areas, as well as others struggling financially. The money would help buy new desks and furniture, fixtures for bathrooms and classrooms, and other equipment schools need as they expand their full-day kindergarten offerings. 

The bill, HB-1055, won House approval 56-8 and now awaits action by the Senate.

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In the News

Take it to the bank

U.S. Treasury Secretary Steve Manuchin told a federal lawmakers that there is no regulatory solution to existing banking access issues for the marijuana industry, and he encouraged Congress to resolve the problem with legislation “on a bipartisan basis.”

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Cannabis helping kids stand up to bullies 

Parkview Elementary School in Lamar uses more than $100,000 a year it receives from the state’s cannabis taxes for its anti-bullying program. The program has made a big difference in the lives of elementary school kids.

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No legal immigrants need apply?

Denver Mayor Michael Hancock and City Attorney Kristin Bronson are pressing the Trump administration to rethink its citizenship policies after legal immigrants in Denver have been denied the opportunity to become naturalized citizens because they work in the marijuana industry.

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Follow the money

Denver has created an interactive map that people can use to track tax revenue from legal marijuana sales for city education programs. The purpose of the map is to “improve transparency and to help the public better understand how Denver’s marijuana funds are distributed.”

Headlines

As cannabis prices fall, states may have to go back to the drawing board

Policy analysts says states like Colorado may have to rethink their taxing schemes.

Washtigton Post Article »


10th Circuit to rule on cannabis workers protections

The appeals court will decide whether workers in Colorado’s legal marijuana industry are entitled to wage and hour protections under the Fair Labor Standards Act.

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Longmont gets first adult-use dispensary

Elected officials, city leaders and other celebrate the opening of Terrapin’s sixth store, the first in Longmont.

Times Call Article »


State awards $2.7 million for studies on therapeutic uses of cannabis

One will research marijuana as an alternative to opiods for chronic spine pain; the other  will look at CBD and autism.

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Eagle County leads statewide mental health funding trend

When Eagle County voters approved a 2017 ballot measure instituting sales and excise taxes on marijuana products with the proceeds dedicated to mental health services, they may have started a movement in Colorado

Vail Daily News Story »

LEADership

Legal marijuana is helping to solve hallway and classroom conflicts in Colorado’s public schools. That’s according to Allison Horton, a teacher at Denver’s Skinner Middle School, which is among 71 schools across the state that got money last years from the Colorado Department of Education’s Bullying Prevention Grant program. The program was created in 2016 after voters approved spending marijuana tax dollars on school construction and other efforts aimed at improving school health and safety.

Denver Post Article »

LEADership

Pueblo and Denver are following through on using their marijuana taxes for the public good.

Denver Mayor Michael Hancock, a legal cannabis opponent turned supporter, has signed into a law a proposal to increase marijuana taxes from 3.5 percent to 5.5 percent to help fund more affordable housing.

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In Pueblo, the city is using cannabis tax revenue to fund scholarships. 

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Headlines

Colorado cannabis sales exceed $5 billion

May sales figures pushed the overall sales of recreational and medical marijuana to more than $5.1 billion since adult use was legalized in January 2014.

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Bill would protect federal workers in states with legal cannabis

Congressional proposal would bar feds from firing employers for marijuana use in states where cannabis is legal.

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Keeping it green

Cannabis industry looks to minimize its environmental footprint with more sustainable packaging.

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Industry taxes fund program for at-risk youth

New marijuana tax-funded program helps first-time teen offenders find alternatives to substance abuse. 

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