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

CO Gov Vetoes Publicly Traded Contributions to Cannabis Companies

Colorado Governor John Hickenlooper has vetoed a bill that would have allowed publicly traded companies to invest in cannabis businesses. The bill, HB18-1011, or "Marijuana Business Allow Publicly Traded Owners," would have repealed a provision that prohibits publicly traded entities from holding a … Read more about CO Gov Vetoes Publicly Traded Contributions to Cannabis Companies