6 medical marijuana shops back in business in Fort Collins
Category: Dispensaries | Posted on Thu, August, 15th 2013 by THCFinder
Medical marijuana stores are back in Fort Collins, with six opening across the city in recent weeks.
As many as 14 are slated to open after voters in the 2012 election overturned a ban on the stores. After going dark for more than a year, the businesses are working to restart grow operations and attract clients.
“I have to build it up from scratch again,” said Donald Cruinkshank, 51, owner of A Kind Place on North College Avenue.
He opened his doors July 30 after paying four to five months’ rent while waiting for the city’s approval process. But on opening day, there was no line of customers outside.
“No rush,” he said. “It’s been pretty slow.”
And the costs to get rolling stack up. Ken Correia, owner of Solace Meds on Smokey Street, estimates about $60,000 spent on rent, licensing and other costs.
“Major strains not only on business, but on my personal financial situation,” he said. “I don’t know how a lot of the guys got through it. It was definitely difficult.”
The number of Larimer County residents who can legally shop in the stores is down to nearly half of its peak, with about 4,620 licensed medical-marijuana patients now living here. That is supplemented in part by visiting medical-marijuana users from elsewhere in Colorado.
But medical-marijuana vendors getting in business now could be tapping a gold mine when recreational sales begin in Colorado next year. In communities allowing recreational stores, the state is giving medical-marijuana dispensaries a head start on serving recreational users. They can begin applying Oct. 1 to serve anyone 21 and older. Any other potential business owner has to wait until July 2014 to apply, according to state regulations.
Read more: http://www.coloradoan.com
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