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This town owns part of a weed company. It wants a fair share of the pot.

Under a rare public-private partnership, the tiny town of Hancock owns 5 percent of Trulieve, pictured, a medical and recreational marijuana business, in Hancock, Md. Washington Post photo by Bill O'Leary
Washington Post
Ovetta Wiggins

HANCOCK, Md. - With its population and tax base shrinking, then-Mayor Daniel Murphy didn’t know how his tiny town in Western Maryland, where nearly 1 in 4 of roughly 1,550 residents live in poverty, would survive.

The old manufacturing town along the C&O Canal had lost nearly 650 jobs in a three-year span. And Murphy felt the ”huge blow” that the exodus…