3 May 2016
It looks like everything isn’t really Hunky Dory at the moment
Here’s the intro to the MJ Biz piece
Colorado’s Cannabis Industry Under Attack on Several Fronts
On the surface, it might appear that Colorado’s $1 billion marijuana industry has been unencumbered by legal roadblocks or political opposition, given its speedy growth in recent years.
Nothing is further from the truth, however, particularly for the state’s recreational cannabis sector.
Nearly three out of every four municipalities in Colorado have banned recreational marijuana businesses since voters in the state approved adult-use cannabis more than three years ago.
Business owners also continually must confront new regulations and attempts by citizens and local lawmakers to trim the industry’s wings.
In fact, the pushback against the industry has reached new levels in the past few months, creating a highly uncertain climate for cannabis businesses in the state, threatening future growth, and making it difficult for companies to expand or even just plan for the future.
Just last week, for example, Denver City Council members approved strict caps on the number of marijuana retail stores and cultivation sites that can operate inside the Mile High City.
“It’d be nice just to have six months or a year where we don’t have to fear for our lives, but it doesn’t seem to happen in this industry,” said Bob Eschino, owner and founder of Medically Correct, a Denver producer of the popular Incredibles line of infused products.
“We are under attack, and the attacks are getting worse,” he added. “I don’t think people understand that this industry fights for its life every couple of months.”