Friday, February 21, 2014

Colorado Pledges Large Chunk Of Marijuana Taxes For Prevention

(Photo: Sodanie Chea/Flickr)
(Photo: Sodanie Chea/Flickr)

Colorado plans to spend most of its tax revenue from legal marijuana on preventing substance abuse, according to a FY 2014-2015 budget proposal released on Wednesday.

The proposal allocates $99 million of next year’s budget to the state’s top priority, which is “creating an environment where negative impacts on children from marijuana legalization are avoided completely.”

$45.5 million will go towards youth use prevention, $40.4 million for substance abuse treatment and $12.4 million for public health.
Federal funding makes up 43% of the state’s substance abuse budget and 15% of its youth prevention budget.
A breakdown of the spending shows $5.8 million for a three-year statewide media campaign to educate Coloradans “on the impact of marijuana,” and $1.9 million for a Department of Transportation “Drive High, Get a DUI” campaign.
$7 million will also be used to purchase new beds for substance treatment centers, thereby “increasing the capacity for treating marijuana misuse.”
In total, the state expects to see $184 million in marijuana-related revenue between January 1, 2014 and June 30, 2015.
$40 million of that has already been set aside for public school construction.
“Our administration is committed to the responsible regulation of adult-use marijuana and the effective allocation of resources to protect public safety and health and to prevent underage use,” Gov. John Hickenlooper wrote in a letter accompanying the proposal.
Source Leaf Science


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