Bill > SB076

This bill makes several changes to the regulation of the marijuana industry in Colorado: 1. It defines "genetic material" as cannabis material used to propagate cannabis plants, including immature plants, seeds, tissue culture, and small amounts of the cannabis plant. 2. It increases the size limit for "immature plants" from 8 inches to 15 inches. 3. It establishes new criteria and eligibility requirements for "social equity licensees" to apply for marijuana business licenses, including requirements related to residency, income, and past convictions. It also provides incentives like fee reductions for social equity licensees. 4. It increases the standard license term from 1 year to 2 years for most marijuana licenses, including delivery permits. 5. It allows medical and retail marijuana cultivation facilities to obtain genetic material from various sources, sell or transfer genetic material, and establishes related rules and requirements. 6. It authorizes a unified renewal application process for marijuana businesses with identical controlling owners. 7. It makes various other changes to the regulation of the marijuana industry, including labeling requirements, security rules, and fee adjustments.

Budget and Finance

https://leg.colorado.gov/bills/sb24-076