Battle for Broomfield’s three marijuana retail licenses spurs accusations, lawsuit
Marijuana Business, Stocks, Finance, & Investing October 5, 2021 MJ Shareholders 0
A mad scramble is on in Broomfield to score a trio of coveted licenses to sell recreational marijuana, with 26 applicants jostling for a spot in a city that until now has banned all weed sales.
One established cannabis company is crying foul, charging that the lottery system Broomfield will use this month to award the licenses is essentially rigged to raise the odds for some contenders — and the city is doing nothing about it.
“They’re allowing various individuals to submit multiple applications into the lottery through various shell companies,” Jordan Factor, attorney for Terrapin Care Station, told The Denver Post. “We’re baffled.”
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