New Colorado Marijuana Rules Go Into Effect on Jan. 1, 2021

Cannabtimes

<![CDATA[DENVER, Colo. December 31, 2020 — PRESS RELEASE — Marijuana rules stemming from the General Assembly’s 2020 legislative session go into effect on Jan. 1, 2021 for all regulated marijuana businesses across Colorado, specifically expanding on the state’s Social Equity Program for cannabis businesses and eliminating residency requirements for employees. Additional new rules of note include enhanced sustainability options for licensees and availability of delivery permits for retail stores and transporters. Final rules were adopted by the State Licensing Authority on Oct. 9, 2020 after a summer and fall of extensive stakeholder engagement led by the Marijuana Enforcement Division (MED). “There is no bigger MED priority than the success of the state’s Social Equity Program for cannabis businesses,” said Jim Burack, MED Director. “We are grateful to our stakeholders who have shown a continuous and sustained commitment to help us get this right.”Highlights of notable key rules that go into effect on Jan. 1 include:Legislation Implementation:-HB20-1080 eliminating residency requirements for Employee Licensees; and-HB20-1424 providing direction and authority to establish a Social Equity Program within the MED.Ultimately the goal is to increase diversity in the number of Owner Licenses, which has less diverse representation in comparison to MED’s Employee Licenses so the industry is more reflective of Colorado’s demographics.A person who meets the eligibility criteria for a Social Equity Licensee can participate in the Division’s “Accelerator Program” or may apply to independently own and operate a Regulated Marijuana Business license.Applications to participate in the accelerator program will be available beginning Jan. 1, 2021. MED’s social equity website also launched on Dec. 31, 2020.Sustainability Measures:-New sustainable options for licensees to make marijuana plant waste unusable and unrecognizable;-New sustainable methods available to licensees exempt from the 50% Mixture Requirement, including:On-Site CompostingAnaerobic DigestionPyrolyze into BiocharBiomass Gasification-Additional options for consumer waste recycling, including:Consumers can recycle…

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Source : New Colorado Marijuana Rules Go Into Effect on Jan. 1, 2021

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