November 21, 2013

1st Recreational Cannabis License in US History Awarded

Annie’s, a medical marijuana dispensary in the Colorado mountain town of Central City, has received the first business license in the United States to sell recreational marijuana.

Local officials approved the license this week. Annie’s still must also receive a business license from the state, which could happen in the next few weeks.

The first recreational marijuana stores in Colorado are scheduled to open on Jan. 1.

Central City’s chief of police delivered the license to Annie’s, which is located conveniently across the street from the police station.

“It’s the same old bureaucratic piece of paper,” said dispensary representative Erin Phillips of the license. “But we might put it in a fancy frame.”

The shop is owned by the Colorado-based company Strainwise, which also owns six other medical marijuana shops in the Denver metro area.

According to a press release from Strainwise, three of its Denver-area shops – The Grove, The Haven and The Shelter – all received local approvals for their individual recreational licenses as well. The Grove was the focus of Denver’s first retail marijuana license hearing on Nov. 12.

The retail license is not the only “first” in Central City’s history. The town was site of the original 1859 gold rush, which brought the first major wave of settlers into the state.

Post Your Comment:


Please note:
Comments are moderated by our editors who do their best to approve comments ASAP. As Marijuana Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals. General opinions and questions about cannabis may not be posted.

CO Rec Stores Unloading Edibles Inventory

edibles2

In advance of new regulations for infused products in Colorado, many recreational stores in the [click to continue...]

AG Nominee Opposed to Cannabis Legalization

Cannabis businesses may face obstacles if Loretta Lynch is confirmed as the next U.S. attorney [click to continue...]

SEC Gives Green Light to Marijuana Company’s Stock Registration

The U.S. Securities and Exchange Commission has approved a share registration by a company that [click to continue...]

Pennsylvania MMJ Efforts Get Big Boost from Governor

TomWolf

The chances that Pennsylvania could become one of the next states to legalize medical marijuana [click to continue...]

Prominent Investment Firm Pumps Money Into Cannabis Tech Company

Another mainstream investment firm is hoping to cash in on the cannabis industry. Tao Capital [click to continue...]

Plan to Open 1st Alaska ‘Dispensary’ Draws Criticism

The former TV reporter who generated controversy last fall when she quit her job on-air [click to continue...]

MBank Nixes Services for Colorado MJ Companies

dispensarybankaccount

Well that was quick. MBank, the Oregon-based financial institution that recently announced it would begin [click to continue...]

Florida Republican Files Proposal to Legalize Medical Marijuana

Entrepreneurs continuing the fight for medical marijuana in Florida have found an ally in Republican [click to continue...]

California Tribe Inks MMJ Deal

It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced [click to continue...]

Former Illinois Gov’s List of License Finalists Revealed

illinoismedicalmarijuana

Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana [click to continue...]

1,600+ Applicants for 10 Rec Licenses in Colorado County

How popular is the marijuana business in Colorado? Here’s one indication: A single county that [click to continue...]

Report: Cannabis Sales Rise 74% in 2014

Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with [click to continue...]

Social Media, App Sites Take Hard Line Against Cannabis Businesses

moratoriumban

Fearing legal repercussions if their users break the law, Instagram and Apple’s App Store are [click to continue...]

MMJ Bill Introduced in Nebraska, Despite Interstate Cannabis Lawsuit

How’s this for irony: A lawmaker has introduced a bill to legalize medical cannabis in [click to continue...]