Colorado Springs News, Sports & Business

Larkspur could rake in revenue from retail marijuana

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By Clayton Woullard, Denver Post YourHub Updated: March 25, 2014 at 7:10 pm 0

Petitioners are hoping Larkspur residents approve measures on the April 8 ballot that would allow for retail marijuana sales in the town and potentially put money into the pockets of residents.

James McVaney helped Larkspur resident Michelle Burhenn file petition referendums against the town's moratorium on retail marijuana, made legal in 2012 by Amendment 64 to the state constitution.

Council either had to accept the ordinances, which would establish a retail marijuana industry and its regulatory scheme and set a 5 percent excise tax, or send it to a vote of the people. The council chose the latter earlier this year.

Burhenn could not be reached for comment. McVaney said he lives about 10 miles west of Larkspur in Cherry Park. His group, the Cannabis Patients Alliance, helped overturn a similar ban in Idaho Springs last year. Read more: Larkspur could rake in revenue from retail marijuana.

Read more here.

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