Recreational sales have also dropped significantly over the last year. Even in the face of economic inflation and dropping wholesale marijuana prices, Close is ready for the opportunity to expand to recreational sales — and with a targeted opening date by the end of the year, she hopes the market will have shifted by then.
"If this didn't pass, we definitely would have had to close down. Staying open as a medical-only store when recreational marijuana is available and easy to get is not financially sound or feasible at all anymore," she argues,"especially in Golden." Golden Alternative Medicine is frequently visited by people looking for recreational marijuana. Located in an industrial area right off the intersection of I-70 and West Sixth Avenue, Close knows that her store is in a good spot for retail customers going to the mountains or Red Rocks Park and Amphitheater. Still, she currently plans to keep Golden Alternative Medicine's medical sales license after the transition.
If Golden Alternative Medicine's application is approved, then three more recreational dispensary licenses will be up for grabs after the sixty-day application period ends. , it has been defined as the free, independent voice of Denver, and we'd like to keep it that way. With local media under siege, it's more important than ever for us to rally support behind funding our local journalism.
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