Colorado Governor Signs Historic Measures Creating Legal and Regulated Marijuana Market

  • by Erik Altieri, NORML Communications Director May 31, 2013

    This week, Colorado Governor John Hickenlooper signed two historic measures into law, making Colorado the first state in the country to officially authorize a legalized and regulated cannabis market.

    These measures, House Bills 1317 and 1318, are the first-in-the nation regulations governing the statewide commercial production and retail sale of cannabis to those age 21 and older. HB 1317 establishes a regulatory framework for retail cannabis businesses, which are anticipated to begin operating in early 2014. House Bill 1318 proposes tax rates for commercial marijuana production and sales.

    These regulations were drafted by the legislature with guidance from a task force, created at the request of the Governor. Colorado NORML served on this task force as a representative for marijuana consumer interests.

    The Colorado Department of Revenue is anticipated to more details for the program in the coming weeks. The proposed tax rates in HB 1318 must be approved by a majority of state voters. They seem likely to do so, as recent polling revealed that 77% of Colorado voters support the 15% excise tax on cannabis sales (which is designated for school construction) and an additional 10% sales tax to cover the costs of regulating the industry.

    The regulations in House Bill 1317 would require marijuana retail outlets to license with the state and for the first nine months, only currently operating medical marijuana dispensaries can apply. Owners must also be Colorado residents. Initially, these stores must sell marijuana that they cultivated themselves, but by October 2014 this restriction will be lifted to allow independent growers and retail outlets. State residents will be able to purchase up to one ounce of usable marijuana at a time, while out of state visitors will be capped at one quarter ounce per purchase. Possession of up to one ounce of marijuana would be legalized for everyone over the age of 21, regardless of residency.

    For more information on Colorado’s marijuana program, click here.

    24 Responses to “Colorado Governor Signs Historic Measures Creating Legal and Regulated Marijuana Market”

    1. Hippy says:

      Its a start. Need to look into land there. Close the gap between the friends. Keep up the movement

    2. ned says:

      Chris, it isn’t a purchasing limit, which is also stupid, it’s a possession limit. There’s absolutely no justification or necessity to impose that. It ‘s bad law, that will cause needless problems and it perpetuates a double standard.

      Um, don’t be so certain that a bad law will be easy to correct later, you know what I’m sayin’?

      Who said it’s sprint when the battle for reform has been waged for decades? This is more like crossing the finish line only to be told that the race has been extended and you’re only getting a plastic placeholder medal not a gold one.

    3. Chris says:

      I can’t believe you people have the audacity to complain about limitations of marijuana being sold. This isn’t everyone who posts on here, but just from the first few comments, I’ve read…CO residents are already acting spoiled and demanding to end the 1 oz. purchasing limit, and neighboring state residents complaining that they’re limited to a quarter of an ounce.

      People. It’s LEGAL IN CO NOW. Why don’t you be happy about that, ffs? Let it show the rest of the country progress toward nationwide reform can be MADE. It’s NOT a sprint; it’s a marathon. Live with the regulations for now, and raise the issue once all the initial kinks are worked out.

      For now, just be happy you can smoke because the rest of us can’t. And stop acting like spoiled bitches about it.

    4. Joy says:

      I wish Texas would wise up and allow its residents to grow and/or possess their own weed. I hate buying weed from someone when I don’t know how and with what chemicals it was grown. I may have to move to Colorado! It really sucks because we own property in Texas!!

    Leave a Reply