Colorado Now Accepting Applications For Retail Cannabis Outlets
The state of Colorado’s Marijuana Enforcement Division yesterday began accepting formal applications from those seeking to open the first-in-the-nation retail cannabis outlets.
The agency had accepted 23 applications by mid-day yesterday, according to The Denver Post. The agency has just under 100 appointments already scheduled this week from entrepreneurs seeking state licenses to engage in retail marijuana production, infused products operation, and/or storefront cannabis sales.
Applicants will receive final authorization by the end of the year. Retail cannabis facilities to serve those age 21 and older are expected to be operational early next year.
Under state law, persons 21 and older may legally possess, consume, and cultivate personal use quantities of cannabis (up to one ounce and/or six plants). Licensed business may also legally commercially produce cannabis and engage in retail sales of the plant.
In an August memorandum, Deputy Attorney General Cole directed the US Attorneys in all 50 states, including Colorado, not to interfere with the implementation of state marijuana regulations unless such activities specifically undermined eight explicit federal law enforcement priorities.
October 2, 2013