Denver’s marijuana regulators are asking the City Council to expand rules that would bar any new players from entering the state’s largest market.
For two years, a city moratorium aimed at controlling industry growth has allowed only existing medical marijuana businesses to open recreational dispensaries, grow houses or edible manufacturers. That’s set to expire Jan. 1, a prospect that’s had eager entrepreneurs and investors lining up.
But new proposals submitted Tuesday by Denver’s marijuana policy office would extend the moratorium two more years. And a newly proposed moratorium would bar any new applications for medical marijuana business licenses during the same period.
– Read the entire article at CBC News.