Marijuana Business Factbook 2019

Marijuana Business Factbook 2019 Chapter 2 | State-By-State: Legal Overview, Market Data and Outlook 48 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. COLORADO Medical REGULATORY OVERVIEW Main measures Amendment 20 (possession and use), House Bill 10-1284 (authority to license and regulate businesses) Type of measures Amendment 20: Ballot initiative; HB 10-1284: Legislative bill Years passed Amendment 20: 2000; HB 10-1284: 2010 Margins of victory Amendment 20: 54% to 46%; HB 10-1284: 39-23 in the House, 26-9 in the Senate Possession limit 2 ounces of usable marijuana and six MMJ plants (up to three mature), more if authorized by a physician Patient registry Mandatory―patients must get an online certification from a qualified physician Accepts patients registered with other states? No Home cultivation Yes Restrictions on type of marijuana allowed to be sold? Edibles shaped like a human, animal or fruit are prohibited. Qualifying medical conditions Cancer, glaucoma, HIV/AIDS, cachexia/wasting syndrome, persistent muscle spasms, seizures, severe nausea, severe pain, PTSD Business regulations Moderately heavy. Businesses must go through an extensive licensing and approval process, though the associated fees are on the lower end. Operational regulations are quite extensive and address all aspects of the supply chain, including cultivation, processing, seed- to-sale inventory tracking, plant counts, security, record- keeping and transport of cannabis.