Post by Logan on Apr 26, 2016 1:56:56 GMT -6
New caps on Denver pot shops, grow houses pass on close council vote
New marijuana industry caps approved by the Denver City Council on Monday, after weeks of haggling, will constrain expansion in the state's largest market while providing new protections for saturated neighborhoods.
While new caps on the number of stores and grow houses will strictly limit new businesses, the impact of the ordinance on existing locations likely will be narrower.
The changes, which won approval 7-5, will freeze the status quo in which Denver already had, as of last week, 421 locations of either kind — 211 grows, 147 stores and 63 with both.
The proposal, sponsored by Councilwoman Robin Kniech, also allows pending license applications to go through before the caps are set, a big point of contention. Those applications could add as many as 45 locations of either kind, although the bill requires reducing grow locations by 15 over time.
Read more: www.denverpost.com/news/ci_29812685/new-caps-denver-pot-shops-grow-houses-pass
New marijuana industry caps approved by the Denver City Council on Monday, after weeks of haggling, will constrain expansion in the state's largest market while providing new protections for saturated neighborhoods.
While new caps on the number of stores and grow houses will strictly limit new businesses, the impact of the ordinance on existing locations likely will be narrower.
The changes, which won approval 7-5, will freeze the status quo in which Denver already had, as of last week, 421 locations of either kind — 211 grows, 147 stores and 63 with both.
The proposal, sponsored by Councilwoman Robin Kniech, also allows pending license applications to go through before the caps are set, a big point of contention. Those applications could add as many as 45 locations of either kind, although the bill requires reducing grow locations by 15 over time.
Read more: www.denverpost.com/news/ci_29812685/new-caps-denver-pot-shops-grow-houses-pass