Colorado has been blazing the way for recreational marijuana use and it looks like it’s paying off for the state. It’s earned tons of extra money, increases in tourism, drops in crime, and other benefits the state’s been enjoying since legalizing pot.
And now Colorado is wondering what to do with all of its extra money. Some of the profits are being used to improve schools, while some of it’s being used to improve city infrastructure.
And now the city is using some of its earned marijuana revenue to build public housing for the city’s homeless.
The 2017-2018 fiscal year may dedicate $12.3 million to build 1,200 new housing units for the chronically homeless.
An extra 300 units are also being built and kept on reserve for those who are periodically homeless and have fallen on hard times.
Andrew Freedman, director of the marijuana coordination for Colorado, believes that the housing solution will also help addicts with drug-abuse.
"Roughly 70 to 80 percent of all homeless people have some drug-abuse problem, and one of the best public-health solutions is to give them housing and get them out of the cycle of dependency,” Freedman said.
Although a lot of money from marijuana revenue is being used for school funding and other educational initiatives, it looks like Colorado is doubling down on fighting drug addiction and homelessness.
News Moderator: Katelyn Baker
Full Article: Colorado Plans To Give Homes To Homeless Thanks To Marijuana Tax Revenue
Author: Mustafa Gatollari
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