skip to Main Content
Gov. Hickenlooper Plans to Help Colorado Homelessness Using Marijuana Tax Dollars

Gov. John Hickenlooper is proposing “aggressive” new efforts to address homelessness in Colorado, returning to an issue that helped launch his political career in his final two years in office.

The governor’s budget request for fiscal year 2017-2018 asks lawmakers to put $12.3 million in annual marijuana tax revenues toward building new housing units for people who experience chronic and episodic homelessness. His plan also includes another $6 million a year for housing for low-income residents and others with behavioral health needs.

The approach is a first for the administration and the fresh focus comes as new federal figures show Colorado’s homeless rate is increasing at one of the higher rates in the nation.

“I’m doubling down,” Hickenlooper said.

The Democrat credits his desire to reduce homelessness as one of the reasons he ran for Denver mayor in 2003, and he expresses a personal connection to the issue from his days as a business owner downtown. [Read more at Denver Post]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

What Must Be Done To Enact Germany’s New Cannabis Law And What Will Its Adult-Use Market Look Like?

With Germany’s Government-in-waiting set to deliver adult-use cannabis, BusinessCann explores the delivery challenges and how the legislation may be shaped. BACK in 2015 the German Green Party published its Cannabis Control Act (CCA). Although it made no progress in the Bundestag at the time, it is now emerging as the blueprint for the creation of…

ESG and Cannabis is No Easy Task Right Now

by Hilary Bricken, Principal Harris Bricken Socially responsible and “sustainable” investing is picking up in popularity across retail and institutional investors alike. According to Wikipedia, “[i]n less than 20 years, the ESG movement has grown from a corporate social responsibility initiative launched by the United Nations into a global phenomenon representing more than US$30 trillion…

Who Needs a License? New York Weed Dispensaries Are Already Opening

Stores that offer recreational marijuana might not be entirely legal yet, but entrepreneurs are ready to start righting the wrongs of the war on drugs list prices, per se, but “Suggested Donations,” starting at $20. The packages offered in return are thank you “gifts.” “We don’t sell anything,” says one register operator at Uncle Budd’s…

Germany’s incoming government unveils plans to legalize cannabis

Three German political parties have sealed a deal for a new government, with left-leaning Olaf Scholz the proposed next chancellor following lengthy coalition negotiations and a historic election that sees Angela Merkel stepping down after 16 years at the helm. The incoming government’s vision for Germany includes plans to legalize cannabis. It also aims to…

More Categories

Back To Top
×Close search
Search