DENVER • Want to be in the legal pot industry in Colorado? Open your checkbook.
Colorado’s pot regulators opened three days of hearings Tuesday to lay out licensing specifics before retail sales begin in January.
The proposed rules require would-be “ganjapreneurs” to pay up to $5,000 just to apply to be in the recreational pot business. Operational licenses cost another $2,750 to $14,000.
Successful applicants must also pass a gauntlet of criminal background checks and residency requirements.
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