Colorado Marijuana Tax Cash Fund

The Colorado Marijuana Tax Cash Fund is a state fund created to manage revenue generated from the taxation of legal cannabis sales. Established in 2014, this fund allocates money to various programs, including mental health services, substance abuse prevention, and youth education on drug use. Essentially, the tax collected from marijuana sales is reinvested into initiatives aimed at promoting public health and safety, ultimately benefiting Colorado communities. By using cannabis tax revenue in this way, the state seeks to address potential social issues arising from marijuana legalization.