The recreational pot business is expected to grow rapidly now that new state laws, in effect Wednesday, allow retailers who didn’t own medical marijuana shops to do business.
The federal government has reluctantly agreed to let Colorado be the first state to collect taxes from the legal sale of recreational marijuana, but it also has made clear it doesn’t agree with the move and may try to stop it, if isn’t tightly controlled.
January 1 was an exciting day for retail marijuana supporters but not everyone believes it’s the best move for Colorado.
Denver started handing out licenses for businesses to sell recreational marijuana on Friday.
With time running out to regulate marijuana, Colorado senators scrambled Friday to advance a sweeping series of regulations and taxes on the newly legal drug.
The City of Littleton has approved a temporary moratorium that bans retail pot shops.