With Denver City Council’s passage last week of Bill 16-0291 many changes affecting the local marijuana industry are now in place:
CAPS ON SALES & CULTIVATION LOCATIONS
• The total number of available marijuana sales and cultivation locations will be capped at no more than 467.
Legal marijuana sales forecast to hit $23B in 4 years
DENVER — Marijuana is rapidly becoming a big, semi-legal business across the country, with $5.7 billion in sales last year and tens of thousands of people working and paying taxes as they cultivate, package and sell cannabis.
Your nose isn't lying: One in 11 industrial buildings in central Denver is full of marijuana.
The state's cannabis industry occupies at least 3.7 million square feet of industrial space in Denver, clustered in areas of older warehouse stock...