More than 2,000 people in Colorado applied for licenses to run state-regulated medical marijuana dispensaries, growing facilities or related businesses before this weekend’s application deadline, according to state officials. In total, the state made $7.34 million from application fees alone.
More than 700 applied specifically for dispensary licenses, far exceeding the number expected by state officials, who estimated that only half of the state’s roughly 1,100 pre-existing dispensaries would apply…
Earlier this week, Colorado Gov. Bill Ritter (D) signed two bills that will regulate the state’s booming medical marijuana industry and bring definitive legal status to about half of Colorado’s estimated 1,100 dispensaries.
The new law will make Colorado home to the largest number of state-licensed dispensaries anywhere in the United States. A state-regulated medical marijuana program is up and running in New Mexico and similar programs will soon be operational in Rhode Island, Maine, New Jersey,…
A new Rasmussen telephone poll released over the weekend shows that 49% of Colorado voters support taxing and regulating marijuana, while 13% are still undecided.
The findings come just days before Colorado’s governor is expected to sign a bill that would regulate the state’s booming medical marijuana industry. Some local patients groups protested the proposed regulations last week, since roughly half of the state’s estimated 1,100 dispensaries are not expected to be able to comply with the changes.…