Denver City Council approves marijuana tax money for minority-owned business investments

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The Denver City Council gave the go-ahead Monday to dedicate $15 million in marijuana sales tax money to a new investment fund that will support minority- and women-owned businesses.

The Denver City Council on Monday dedicated $15 million in marijuana sales tax money to a new investment fund that will support minority- and women-owned businesses.and former chairman of the National Black Chamber of Commerce, is primed to invest in dozens of local businesses over the next three years after the council’s vote.

Denver’s financial commitment will grow the investments already committed to the New Community Transformation Fund-Denver to $24 million, according to a city news release.is already eyeing two one-year extensions to the contract with hopes that the fund will grow into a $50 million revolving fund that can be a long-term asset to the city’s economic development efforts, according to a news release.

 

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As well as it helped the schools? Money laundering 101

Sounds a little racist and sexist.

What happened to SCHOOLS and STUDENTS? We just spent two years dumbing down our kids.

Let this remind you the next time you hear any democrat advocating for teacher pay raises. Bypass the schools getting the weed money like you promised and funnel it to any group who that you think that you can manipulate since the black community is now hip to your jive. 👈🏻

Racial discrimination is good akshully

notbatmanyet So to hell with the Teachers getting a raise lets deviate that money and start handing it out to anyone

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