The sun sets on a portion of the Bookcliffs that form the northern boundary of the Grand Valley on April 21, 2016. The grand valley is the location of the confluence of the Colorado River and the Gunnison Rivers and contains the towns of Palisade, Clifton, Grand Junction and Fruita.(Photo by Helen H. Richardson/The Denver Post)

In order to keep 5 marijuana licenses, Colorado town trustee resigns 2 days after winning election

Jesse Loughman submitted his resignation on Thursday after learning the rules

GRAND JUNCTION, Colo. (AP) — A Grand Junction area trustee has announced that he is resigning less than 48 hours after winning the election.

Jesse Loughman says he is giving up the Palisade office so he can keep his five marijuana licenses.

He owns Palisade’s only retail and medical marijuana stores.

The Daily Sentinel¬†reports¬†Palisade trustees are the licensing authority for the town’s marijuana businesses and therefore cannot hold a marijuana license.

Loughman submitted his resignation on Thursday after learning the rules.

He had also been elected by his fellow trustees to serve as mayor pro-tem and would have been responsible for assuming mayoral duties in the mayor’s absence.

Mayor Roger Granat says Jessica Bond, the candidate with the next most votes, will be taking Loughman’s place.

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Information from: The Daily Sentinel, http://www.gjsentinel.com