HB 23-1021

House Bill 23-1021, which has been signed into law by the governor and will take effect on August 7, 2023, gives the Colorado Department of Revenue's executive director the power to stop the movement of medical or retail marijuana if there is a need for an investigation. If serious risks to public health, safety, or welfare are identified, the department can also prevent the sale and use of this marijuana by embargoing it. After giving those involved a chance to be heard, the department may destroy any embargoed marijuana. This law affects anyone in Colorado who deals with medical or retail marijuana.

Official Summary

The act authorizes the executive director of the department of revenue (state licensing authority), pursuant to standards and processes that the state licensing authority establishes by rule, to: Issue an administrative hold on the movement of medical or retail marijuana pending an investigation; Embargo medical or retail marijuana when the state licensing authority finds objective and reasonable grounds to believe that the health, safety, or welfare of the public imperatively requires emergency action; and Order the destruction of embargoed medical or retail marijuana after notice and opportunity for a hearing. APPROVED by Governor March 23, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)

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