Marijuana tax provides scholarships to 600 students

A budtender pours marijuana from a jar at Perennial Holistic Wellness Center medical marijuana dispensary, which opened in 2006, on July 25, 2012 in Los Angeles, California. (Photo by David McNew/Getty Images)

PUEBLO COUNTY, Colorado (Fox 32 News) - A scholarship program funded by marijuana is sending hundreds of students to college this year.

The majority of Pueblo County's scholarship fund is provided by an excise tax levied on wholesale transfers of marijuana from distributors to pot shops.

This year, $750,000 was raised. That's is allowing the fund to provide money to 600 students, according to the Pueblo Chieftain.