How Cannabis Funds Will Help Colorado Homeless

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The third-largest city in Colorado will allocate $1.5 million in cannabis-derived revenue to support the city’s homeless population, the city recently announced.

Nonprofit Funding Plan

The city of Aurora, Colorado, first announced that it would allocate the funds in September. This was after the state’s cannabis-derived tax revenue, which totaled $69.9 million, surpassed that derived from alcohol sales for the first time. It was not until this month, however, that the city determined which groups would receive the funds.

“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.” – City Councilman Bob Roth

Colfax Community Network Funding

Specifically, some of the funds will be allocated to the Colfax Community Network, a local nonprofit that provides aid to families living in motels.

“The Colfax Community Network is in extremely dire straits in that they do not…

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