Retail marijuana emergency rules: William Breathes's first take
Today, the Colorado Department of Revenue and the Marijuana Enforcement Division jointly released emergency rules for the marijuana industry. The agencies stress that these mandates are temporary, meant only as placeholders until permanent rules are adopted. Our William Breathes went over the edicts and jotted down his first impressions about their most interesting elements. Check them out below, followed by the complete document and a press release from the DOR and the MED.
Photos and more below.
• Approval or denial within ninety days.
• State licenses are conditional upon local approval and a shop can't open with just state approval. Even if communities would rather abide by overall state rules, they must adopt their own regulations.
• Applicants must apply no less than thirty days out from license expiration, and the department may or may not send a reminder.
Managers may be paid based on gross profits, new profits or a base salary....
• The spouse of a licensee may also hold a license in "his or her own right," regardless of whether the couple files together or separately.
• A $500 application fee must be paid for each application by existing medical marijuana centers.
• A $5,000 application fee is required of everyone else, and it must be submitted along with the application.
Licensing fees are also due at the time of your application, although they'll be refused to those whose applications are denied. The licensing fees are due each year.
• Retail cultivation facility: $2.750.
• Retail manufacturing/infused license: $2,750.
• Testing facility license: $2,750
Continue for more about the retail marijuana emergency rules, including photos and the complete document.