![Marijuana Growing At Los Suenos Farms As Colorado's $1-Billion Pot Industry Saves Towns Marijuana Growing At Los Suenos Farms As Colorado's $1-Billion Pot Industry Saves Towns](https://api.time.com/wp-content/uploads/2016/09/colorado-marijuana-surplus-tax.jpg?quality=85&w=2400)
Colorado plans to distribute millions of dollars in surplus marijuana tax revenues to schools in an effort to prevent bullying.
The money, totaling about $66 million, is available due to Proposition BB, which permits the state to keep the surplus tax revenues from marijuana, Denver7, an ABC affiliate, reported.
About $2.9 million of the surplus funds will go toward bullying prevention grants offered to approximately 50 schools by the Colorado Department of Education for the 2016-2017 fiscal year, the CDE announced. The schools will receive grants up to $40,000 per year for bullying prevention.
Schools that receive the grant will get specialized training from a prevention coach and form a bullying prevention committee including teachers, staff and parents.
“It’s a lot of money,” Dr. Adam Collins, bullying prevention and education grant coordinator for the CDE, told Denver7. “It’s a great opportunity for schools to apply and make sure the social and emotional wellness of their students is taken care of.”
Colorado schools have until Oct. 21 to apply for the grant.
More Must-Reads from TIME
- Breaking Down the 2024 Election Calendar
- How Nayib Bukele’s ‘Iron Fist’ Has Transformed El Salvador
- What if Ultra-Processed Foods Aren’t as Bad as You Think?
- How Ukraine Beat Russia in the Battle of the Black Sea
- Long COVID Looks Different in Kids
- How Project 2025 Would Jeopardize Americans’ Health
- What a $129 Frying Pan Says About America’s Eating Habits
- The 32 Most Anticipated Books of Fall 2024
Write to Mahita Gajanan at mahita.gajanan@time.com