SMOKEYS

Name: SMOKEYS
Address: 2515 7th Ave, Garden City, Colorado, 80631, US
Telephone: 970-515-5839
Price range: $
Rating: 4

Medical

2515 7th Ave, Garden City, CO 80631, United States

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Garden City Colorado Cannabis Dispensary

Where Does Colorado Cannabis Money Go?

15% Special Marijuana State Sales Tax: 10% of this funding is returned back to localities that have opted into legal cannabis. Of the other 90% of this, about 12% goes to public schools, about 15% is retained in the general fund, and the remainder of this funding goes into the Marijuana Tax Cash Fund.

2.9% Medical Sales Tax: All of this funding goes to the Marijuana Tax Cash Fund.

The marijuana tax cash fund has to be used for priorities Coloradans care about such as health care, health education, mental health and substance abuse prevention and treatment programs, and law enforcement. State legislators determine how this money is allocated.

Licensing and Fees: Since 2014, the state has also collected $100.5 Million in licensing and fees. This money goes back into funding the Marijuana Enforcement Division which enforces state rules and regulations for the industry.