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Denver freezes its weed industry, preventing new marijuana shops from opening (for now)

The “booming” marijuana industry in Denver, Colorado will remain frozen at its current size.

On Monday, the Denver City Council approved a hotly-debated bill to ban new marijuana shops and grows, leaving a lock on the current number of stores. Applicants can apply to establish new marijuana businesses when the number of operations drops below the current cap, but the distribution of marijuana businesses will play a role in determining where they can operate. Read more »

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