History was made Monday (12/23/13) when the Colorado Department of Revenue mailed out 348 retail marijuana licenses. Licensees should expect to receive them by the end of the week.
The licenses include 136 Marijuana Stores, 178 Marijuana Cultivation Facilities, 31 Products Manufacturing Facilities and 3 Marijuana Testing Facilities. Of the 348 licenses issued, 270 are for businesses that will be located in Denver. Eight of the licenses were issued for businesses in Pueblo County. No retail marijuana licenses have been issued for El Paso County.
Businesses that are licensed by the state to sell retail marijuana must also have approval from local governments before they begin operations, which means some businesses that have received licenses from the state may not be able to open when retail sales of marijuana become legal on January 1.
“It has taken an enormous team effort to be able to issue state licenses in the timelines identified in Amendment 64. This could not have been possible without the collaboration of all of the members of the Task Force, the Legislature, and interested stakeholders. The Division takes its responsibility very seriously and will continue to ensure a robust and effective regulatory and enforcement program. Thank you to everyone who has contributed their time, effort and expertise.” said Barbara Brohl, Executive Director of the Colorado Department of Revenue.