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HB 22-1135

signed

Marijuana Transporter License Transfers

Plain-English Summary

AI-generated

House Bill 22-1135, which has been signed into law, allows marijuana transporter licenses to be transferred when a business changes ownership. Previously, these licenses could not be transferred along with the rest of the business assets during a sale or change in management. This means that new owners will now have more flexibility when buying or selling marijuana transportation businesses. The bill is now law and no longer up for debate or amendment.

Official Summary

Under current law, a marijuana transporter license cannot be transferred with a change of ownership. The act removes this prohibition. (Note: This summary applies to this bill as enacted.)

Details

Chamber
House
First action
2022-03-24
Latest action
2022-01-31
Last action desc.
Introduced In House - Assigned to Business Affairs & Labor
OpenStates
View source ↗

Sponsors

Votes

BILL
2022-03-11 · Senate · passYes: 34 · No: 0 · Other:
BILL
2022-02-24 · House · passYes: 55 · No: 7 · Other: