The former Colfax Pot Shop will likely become the second outpost of a popular northwest Denver dispensary.
The former home of the Colfax Pot Shop, a longtime dispensary at 1500 East Colfax Avenue, is on the path toward becoming another dispensary.
Open for over twelve years, the Colfax Pot Shop did not announce its closure, but the doors have been locked and the windows covered over since this summer. According torecords, the location's dispensary license was taken over by Cannabis Corp in July. Cannabis Corp is a marijuana business group that also owns the Joint by Cannabis, a northwest Denver dispensary. Although the company did not respond to requests for comment, MED licensing records show that the recreational marijuana sales license for 1500 East Colfax is now registered to a business named the. According to the Denver Department of Excise and Licenses, Cannabis Corp has a pending application for a transfer of ownership at 1500 East Colfax.
Colorado's pot industry is currently stuck in a year-plus recession, reaching record lows in wholesale prices and medical marijuana sales. During that downturn,
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