This November, voters in four Colorado cities – Littleton, Lakewood, Broomfield, and Buena Vista – will have the opportunity to legalize cannabis sales in each locality. Although Colorado broadly legalized cannabis with Amendment 64 in 2012, a key provision of the amendment allows for local … Read more about Four Colorado Localities Eye Cannabis Legalization
New Marijuana Hospitality Licenses
Earlier this year the Colorado legislature passed House Bill 19-1230 (the “Bill”), which created two new types of marijuana licenses to be issued by the Colorado Department of Revenue Marijuana Enforcement Division (the “MED”). The first is a Marijuana Hospitality Business license (“MHB”), which may … Read more about New Marijuana Hospitality Licenses
Monumental Changes to Out of State Ownership in the Colorado Cannabis Industry
On May 29, 2019, Governor Jared Polis signed HB19-1090 (“HB-1090”) into law. HB-1090 repeals regulations that prohibit publicly traded companies from holding ownership interests in Colorado marijuana businesses. HB-1090 dramatically alters the regulatory landscape surrounding ownership of licensed … Read more about Monumental Changes to Out of State Ownership in the Colorado Cannabis Industry