LONGMONT, Colo. -- A marijuana store located just across the street from the Longmont city limits was packed on Tuesday evening. Ever since legalization the city has banned retail marijuana sales, but that could soon change.
The Longmont City Council passed the first reading of an ordinance that would pave the way for pot shops, though only four would be allowed. Council members debated some technicalities and decided to tweak the language before the final vote.
According to the city, Longmont stands to bring in at least $315,000 in annual financial revenue if it passes.
There are some stipulations, stores would only be allowed in commercial and industrial zoned areas. Stores would have to be at least 250 feet from residential areas and 1,000 feet from schools.
Data shows voters in the city approved Amendment 64 allowing for legaliztion back in 2012. If this ordinance is approved, Longmont voters will be asked to approve an additional three percent tax on marijuana.
More information about the proposed marijuana tax is available online. The city plans to use some of the funds for affordable housing.