A Colorado campaign appears to have submitted enough signatures to place a ballot initiative before voters in November that would raise marijuana taxes to fund programs that are designed to reduce the education gap for low-income students. The Colorado Learning Enrichment and Academic Progress (LEAP) measure would give low- and middle-income families a $1,500 stipend to have school-aged children participate in after-school programs, tutoring, and summer learning activities. The state excise tax on sales of adult-use cannabis products would be increased from 15 percent to 20 percent to fund the effort. Supporters say this policy is especially needed as a response to the coronavirus pandemic, which has exacerbated income-related learning gaps for students. But some marijuana industry stakeholders—and even the state’s largest teachers union—have expressed concern about the proposal. In any case, the LEAP campaign turned in about 200,000 signatures for the measure to the secretary of state’s office on Friday. It only needs 124,632 valid signatures to qualify.

Kyle Jaeger, Marijuana Moment, 08/02/2021 08:51:00

Open article: https://www.marijuanamoment.net/colorado-could-vote-on-marijuana-tax-hike-to-fund-education-programs-after-campaign-submits-signatures/