CO nonprofits accepting donations from cannabis industry

CO nonprofits accepting donations from cannabis industry

In Colorado, marijuana is legal. In the eyes of the federal government, it is still illegal. Should Colorado nonprofits seek/accept contributions from a marijuana retailer?

“There is still some legal risk that a nonprofit would need to evaluate, but from the experts we’ve talked to, it seems small at this point,” said Renny Fagan, Colorado Nonprofit Association president and CEO.

According to Colorado Nonprofit Association’s year-end 2016 survey, one in 10 nonprofits had actively sought out contributions, but two-thirds would consider accepting a donation if offered.

Read more of the story from CO Nonprofits Org.

 

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