§ 10-193. Definitions.

Latest version.

The following words, terms and phrases, when used in this article, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

Average market rate means the amount determined by the state pursuant to C.R.S. § 39-28.8-101(1) or such alternate amount as may be determined by the town administrator as the average price of unprocessed retail marijuana that is sold or transferred from retail marijuana cultivation facilities to other retail marijuana businesses.

Vendor means a retail marijuana cultivation facility, duly licensed by the state and the town at a location within the town.

(Code 1987, § 3-7-1; Ord. No. 01-16, § 2(3-7-1), 1-14-2016)

                    
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