Recreational marijuana goes on sale in Palmer Lake Saturday | Business

Two existing marijuana dispensaries in Palmer Lake are set to open for recreational sales on Saturday, officially making the municipality just the second to do so in El Paso County.

The grand reopenings come after voters last November passed a ballot measure 55% to 45% allowing the two dispensaries, Alpine Essentials and Dead Flowers, to transition to adult-use recreational sales. Palmer Lake voters have previously rejected recreational sales a handful of times since 2014, but did pass a measure establishing a 5% sales tax on recreational marijuana and related products in 2016.

The dispensaries, both located off Colorado 105 just west of Monument, plan to open at 9 a.m. for recreational sales, a shift several local officials believe will bring a sizable revenue boost to a town heavily reliant on property taxes.

Karen Stuth, a former Palmer Lake trustee and current president of the town’s Economic Development Group, described herself as one of the “foremost proponents” of retail…

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