A Boulder marijuana dispensary magnate has pulled out of a deal that, had it been approved, would have brought a retail pot shop to the Three Bears Building in downtown Basalt.
Jack Pease has been in the dispensary business since 2011, when he opened a medical marijuana outlet called The Med...
The Basalt Town Council voted 5-2 Tuesday night to direct its staff to look into reconsidering where marijuana shops can be located after the town manager said the current regulations are "too rigid."
The council majority said they prefer treating pot shops like liquor stores, allowing them to...