Pot taxes could go to kids on Medicaid

By: Stacia Strong Email
By: Stacia Strong Email

Denver,COLO. Some Colorado lawmakers want to use $3.5 Million in recreational pot tax revenue to seek a matching Medicaid grant from the federal government, which considers pot illegal.

One option budget writers are proposing is spending $23 Million now, including taxes and fees from the preexisting medical marijuana industry.
The money will go mostly to support efforts to prevent people under 21 from using pot.

The $3.5 million program would go towards drug prevention with a focus on kids eligible for Medicaid.

Colorado would then apply for a federal matching grant; the feds would have to agree.


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