At first I thought this might be a Kyzikos issue with torch reverse, but I think I can just barely make out the "T" and "Ω" to either side of the torch - likely from ΕΛΑΙΤΩΝ. If so, I believe this would make it an issue of Elaia (Elaea), Aeolis, with Demeter obverse and torch within wreath reverse, similar to the following, although these are heavier than the OP coin...This is just a guess, though:
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