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Deal marks company's entry into two provinces

After sitting out for the first seven years of recreational marijuana sales in Colorado, Buena Vista is close to issuing the town's first recreational dispensary licenses. As a handful of mountain towns cashed in on tourists once retail pot sales began in 2014, Buena Vista only allowed one medical dispensary to operate, with local laws restricting sales to registered medical marijuana patients only. However, Buena Vista voters approved recreational dispensaries during the November election, allowing up to two retail pot shops to open in town. Ascend Cannabis, the town's lone medical dispensa...

Although only five stores have been approved so far, the remaining dispensaries are making sure they don't lag behind. Lakewood only allows existing medical dispensaries in good standing to apply for retail marijuana licenses, and building modification permits are required to separate recreational and medical marijuana sales for businesses that choose to serve both. Recreational cultivation is also permitted under the ordinance, and Lakewood Public Information Officer Stacie Oulton anticipates heavy interest among business operators. Ascend Cannabis, a medical dispensary in Lakewood since 2...