Question 2H - Authorizing the Operation of a Limited Number of Medical and Retail Marijuana Businesses in the City of Loveland

Shall the City of Loveland, Colorado allow the operation of a limited number of medical and retail marijuana businesses in the City and amend the Loveland Municipal Code by the addition of new sections permitting, subject to regulations to be adopted by ordinances of the City, certain activities relating to marijuana, and repeal Chapters 7.60 and 7.65 which prohibit the establishment of medical and retail marijuana businesses, or other sections of the Loveland Municipal Code, to the extent that they are inconsistent with such authorization, subject to, and commencing upon the adoption by City Council of, local regulations governing the time, place, manner, and number of retail and medical marijuana stores and local licensing requirements, which shall include provisions permitting those licensees established in the City prior to the City prohibiting all marijuana business 120 days to submit an application for a marijuana business license prior to the City accepting applications for a marijuana business license from new applicants, as well as provisions prohibiting retail and medical marijuana stores in residentially zoned areas, as may be amended from time to time, and shall the authorization in this question be expressly contingent upon voter approval of a 5.00% excise tax on the price paid by the purchaser on the sale of retail marijuana and retail marijuana products at the November 5, 2024 election?