Latteno Food Corp. (LATF)

[lost PhD]

re opening up new pot biz in Colorado

According to the following quote, Richies 2016 argument is incorrect!
Q: I want to open my own marijuana store. Where do I start?

A: Unless you're already in the Colorado marijuana business, you'll need to bide your time for a bit. Until July, the only people who can apply to open a recreational marijuana store are those who are already licensed to run a medical-marijuana business. The earliest newcomers can open up shop is Oct. 1, 2014.

Q: And those newcomers will have to be vertically integrated businesses, too?

A: Nope. Starting in October, Colorado's marijuana industry goes into a blender and the ties between growers and sellers can be chopped apart. Existing growers and sellers can decouple. New businesses can be stand-alone stores or wholesale growers.


from The Denver Post http://www.denverpost.com/marijuana/ci_24823785/colorado-marijuana-guide-64-answers-commonly-asked-questions#ixzz2v3nizGhi