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Home»Business & Industry»Arkansas Using Medical Cannabis Taxes to Fund Free School Lunches
Business & Industry

Arkansas Using Medical Cannabis Taxes to Fund Free School Lunches

December 12, 2023Updated:December 6, 2024No Comments2 Mins Read
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Parts of Arkansas’ medical hashish tax revenues are getting used to battle meals insecurity within the state, KATV studies. The state will ship $87 million to varsities all through Arkansas to assist college students entry low-cost or free lunches.

Medical Marijuana Fee spokesperson Scott Hardin informed KATV that the state has, to date, collected $115 million from the hashish tax.

“…If somebody is on a diminished college lunch, if they’re now paying 50 cents to a greenback – that medical marijuana income steps in and pays that to make sure that a pupil will get that free of charge. So actually college students within the state can be not having to pay no matter that burden is. Fifty cents, a $1.50 to have diminished college lunch so it truly is, it’s affecting Arkansans in a optimistic approach.”

Hardin to KATV

The funds had been earmarked to assist the College of Arkansas Medical Faculty to acquire a Nationwide Most cancers Heart designation, however Hardin didn’t clarify why the change was made.

Because the medical hashish program launched within the state in 2016, gross sales have topped $1 billion. Based on state knowledge, there have been 98,011 lively medical hashish ID playing cards in Arkansas as of December 2.   

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Arkansas cannabis cannabis industry Cultivation Free Fund Investments Lunches marijuana business market growth medical Regulations School Taxes
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