State of Colorado mails out 348 legal marijuana licenses

Cashing in on pot industry

DENVER — The Colorado Department of Revenue’s Marijuana Enforcement Division mailed 348 marijuana licenses to prospective marijuana retailers and producers on Monday, the state reported.

The licenses, which MED said should arrive by Friday, authorize 136 marijuana stores, 178 cultivation facilities, 31 product manufacturing facilities and three testing facilities, officials said.

“It has taken an enormous team effort to be able to issue state licenses in the timelines identified in Amendment 64,” said Barbara Brohl, Executive Director of the Colorado Department of Revenue. “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.”

The City and County of Denver received the most state licenses by far, with 102 retail stores, 143 cultivation facilities, 22 manufacturing facilities and all three testing facilities.

Denver’s Department of Excise and License announced that, as of Monday, just 42 retail marijuana businesses have completed the city’s separate licensing process and could receive final approval to begin operating on Jan. 1.

A list of licensed marijuana stores, with names and addresses, will be available on the Department of Revenue’s website.