The Denver Post - - NEWS - Sum­mit Daily News

TEL­LURIDE» A new busi­ness called Green Dragon has been granted a li­cense to sell recre­ational cannabis in Tel­luride. The four ex­ist­ing pot stores in town aren’t do­ing cart­wheels of joy.

The “Wal­mart of weed,” said the man­ager of one ex­ist­ing store. The “Star­bucks of mar­i­juana,” said an­other of the Den­ver-based chain that has 10 stores in Colorado.

Green Dragon’s price of $5 a gram un­der­cuts prices of ex­ist­ing stores. It sells only in the recre­ational sec­tor. Other stores sell to both recre­ational and med­i­cal cus­tomers. A com­peti­tor ar­gues that those with med­i­cal needs will be hurt by this price cut­ting.

Ac­cord­ing to the Tel­luride Daily Planet, this new twist has some ex­ist­ing cannabis stores call­ing for new rules to gov­ern mar­i­juana sales. Like Aspen, Tel­luride has largely treated mar­i­juana stores like liquor stores. There are no lim­its and there are no pro­hi­bi­tions on lo­ca­tions, such as re­strict­ing them to in­dus­trial zones.

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