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Do Colorado’s marijuana taxes go to schools? Yes, but probably not in the way you think they do

Total marijuana tax revenue for Colorado’s public schools, including the B.E.S.T. fund, was $90.3 million in 2017-18.

Since John Sawyer moved to Colorado from Dallas, Texas, he’s been baffled by something. He spends about $200 a month on cannabis. His preferred shop, Platte Valley Dispensary, does a brisk business and Sawyer sees the demand for recreational marijuana only climbing.

He’s baffled because of his wife’s teacher salary. In Dallas, she earned $70,000 a year. In Denver, same job, she makes $44,000.

“Why doesn’t any of the weed money go to teachers’ salaries,” Sawyer asked Colorado Wonders. “Happy teachers mean happy kids. And it’s getting expensive to live here.”

Read the rest of the story at Colorado Public Radio.

Oct 22, 2018
Where does all the marijuana money go? Colorado’s pot taxes, explained