Utah Medical Pot Sales Begin
Another domino has fallen: Medical marijuana sales in Utah started on Monday, with the opening of the state's first dispensary. Dragonfly Wellness, located in the state's capital and largest municipality, Salt Lake City, opened its doors and sold product to become Utah's first legal marijuana retailer.
The Dragonfly Wellness outlet is the first of 14 dispensaries approved by the state in the opening stage of legalization. These were dispersed among four geographic regions.
Nearly all are operated by small, privately held businesses; two exceptions are Curaleaf (OTC: CURLF) and Columbia Care (OTC: CCHWF). The companies will operate one dispensary apiece in Region 3, which roughly covers the southeastern part of the state. Curaleaf's will be located in the city of Linden, while Columbia Care's is to care for its patients in Springville. Both municipalities are on Utah Lake, just south of Salt Lake City.
Source Fool.com
