HB 18-1389

House Bill 18-1389, which has been signed into law, introduces a new permit system for marijuana businesses in Colorado. This permit allows certain types of marijuana facilities to temporarily store products like concentrates or edibles on their premises before transferring them to other related medical or retail marijuana stores owned by the same company. The bill affects marijuana business owners who have multiple commonly owned facilities and simplifies the process of moving products between these locations. Since it has been signed, this law is now in effect and businesses can apply for these permits as needed.

Official Summary

The bill creates a centralized distribution permit to an optional premises cultivation facility or retail marijuana cultivation facility authorizing temporary storage on its licensed premises of marijuana concentrate or marijuana products for the sole purpose of transfer to the permit holder's respective commonly owned medical marijuana centers or retail marijuana stores. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

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