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SEP 23, 2013 - Forbes

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Denver Creates A Cannabis Cartel, Reinforcing Colorado's Pot Protectionism

Last week the Denver City Council approved an ordinance that gives existing medical marijuana centers (MMCs) a lock on the new recreational market, which is supposed to start operating in January, until February 1, 2016. That two-year period of protection against new competition is a lot more generous than the regulations approved by the state legislature last May, which merely gave MMCs a three-month head start in the licensing process. It is also more generous than the one-year "grace period" recommended by the Amendment 64 Implementation Task Force last March. Since Denver is Colorado's ... Read More

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