As the Colorado cannabis experience grows deeper in understanding, the state is making a few changes to their law. Here’s more:
The Sunset Bill included a section that eliminated the differential between resident and non-resident purchasing limits. Under the new amendment, non-residents would be able to purchase the same amount of product as residents, up to one ounce (or its equivalent) of marijuana.
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The proposed Potency Amendment to the Marijuana Sunset Bill was left off the bill and will not be able to be brought into this session. The Potency Amendment would have required CDPHE to evaluate the current Cannabis potency limits, and further limit the potency of Cannabis and Cannabis products.
“In 2013, Colorado residents voted for Amendment 64, which requires the state to regulate marijuana like alcohol. This attempt to introduce potency limits by prohibitionists would be the equivalent of limiting all liquor in Colorado to 3.2 percent beer. We applaud the committee members for realizing this underhanded attempt at crippling the industry and protecting the will of voters by denying this amendment to the retail code,” Slaugh remarked.
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Cannabis Business Alliance worked with the legislature to approve an amendment to keep the most basic labeling requirements in the statute intact, but to entrust the rule-making process to collaborate, re-examine, and determine simplified and effective labeling standards.
“CBA is committed to consumer safety and transparency. We know that existing labels contain an enormous amount of information, some of which is redundant, that can confuse consumers and achieve the opposite effect from the intention of the law,” Slaugh added. “Our hope is to be able to work with regulators and safety experts in being able to determine the right amount of information and messaging needed for Cannabis products to achieve a more effective paradigm for Cannabis package labeling.”
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As more states legalize the production of Cannabis, many cultivators grapple with the issue of managing pests in an industry that has no federal oversight. In order to keep patients and consumers safe, the industry must tackle best practices and testing for pest management. Colorado would have been the first state to regulate organic labels in the Cannabis industry, but unfortunately, Colorado lawmakers rejected the Organic bill.
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Under current law, an owner of a medical or retail marijuana business must have been a Colorado resident for at least two years prior to applying for licensure. The Ownership Bill allows an owner to be either a two-year resident of Colorado or a United States citizen on the date of the application. It also prohibits an owner from being a publicly traded company, protecting the small business owners in the Cannabis industry. The bill requires a controlling interest of the licensees, as determined by the operating agreement, to be Colorado residents and maintain that residency while licensed.
Lots more detail at the original post HERE.
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