Marijuana News & Update: Colorado To Use a Portion of Marijuana Sales to Help the Homeless

Colorado has been earning millions since the state legalized marijuana for recreational and medical consumption. As marijuana sales continue to inflate, it stated that the Colorado will be using some profit from marijuana sales to create homeless shelters.

Colorado Marijuana Sales To Help The Needy

Colorado Town announced that part of their marijuana sales will be used to help the homeless. High Times mentioned that Aurora City Council have agreed to allot $220,000 gathered from marijuana sales. The amount will be given to a non-profit organization, Colfax Community Network.

The organization will be using the marijuana sales to build shelters for the homeless. The city council agreed to set aside a total of $3 million of Colorado's budget from marijuana sales to fund the Colorado's local services.

The marijuana sales budget allotment would start on 2017, wherein $1.5 billion would be released. The other $1.5 million would then be released on 2018. Aurora Colorado is expecting an estimate of $4.5 million in marijuana sales alone over the span of two years.

"We wanted to be able to show citizens that we are having a positive impact on the community and point to specific projects or initiatives to where that money is going to," Bob Roth, city councilman, told the Huffington Post.

Colfax Community Network

As for the non-profit organization, Colfax Community Network has been supporting homeless families. For their upcoming project, the organization will be receiving a total of $200,000 for their special funds. The council members then cited that they will be monitoring the organization's project before giving them a bigger fund from marijuana sales.

Aside from the housing projects, the Colorado council will also fund Comitis Crisis Center and Aurora Mental Health. The council will allot some fund from the state's marijuana sales wherein they will be providing vans for them to use for their outreach programs. It was mentioned that each van will cost around $30,000 and $44,000.

© 2024 ParentHerald.com All rights reserved. Do not reproduce without permission.

Join the Discussion
Real Time Analytics