Business

Eight New Towns Allowing Recreational Marijuana Sales

Silver Stem Fine Cannabis, a Colorado dispensary chain with a location in Littleton.
Scott Lentz
Silver Stem Fine Cannabis, a Colorado dispensary chain with a location in Littleton.
As our nation’s future dangled on election night last November, Colorado voters took a big step forward with commercial marijuana. And of the ten towns considering recreational marijuana sales in the November 2020 election, eight voted in favor.

Now, four months after the election, we're starting to see when dispensaries will open or obtain licensure in these towns. Here’s an update on the respective timelines in those eight towns:

Lakewood

Already home to medical dispensaries, Lakewood is in the process of moving forward with recreational licenses after a citizen ballot measure was approved by 66 percent of voters in November.

The new law only permits existing medical dispensaries in good standing with the city to apply for recreational licenses, making it possible for ten total recreational marijuana dispensaries in the city. According to Deputy City Manager Ben Goldstein, four dispensaries have expressed interest through the preliminary application process. However, Goldstein says, the time frame for when recreational sales will be open to the public is still “up in the air” and depends on the speed of processing applications.

Littleton

Also home to medical dispensaries only, Littleton saw 57 percent of voters in favor of recreational pot sales in November. And, as in Lakewood, the local law has a cap that allows existing medical stores only to apply for recreational licenses. However, unlike Lakewood, Littleton citizens can already start purchasing recreational marijuana; Ascend Cannabis began adult-use sales on February 26. Stan Zislis, chief business development officer at Silver Stem Fine Cannabis, hopes the longtime medical dispensary will open its doors to recreational weed by the end of March. 

Broomfield

Ballot initiative 2A in Broomfield passed by almost 57 percent in November, setting the city up for recreational pot sales. The city currently has no dispensaries and is “in the process of reviewing and approving rules and regulations,” according to City Clerk Danee Brouillard, with a second and final reading scheduled for March 16. Once the ordinances are approved, the application process is scheduled to open sixty days from May 3.