March 21, 2019

HB 14-1361: Requiring the Department of Revenue to Promulgate Rules Regarding Equivalency of Marijuana Flowers and Edibles

On April 7, 2014, Rep. Frank McNulty and Sen. Lucia Guzman introduced HB 14-1361 – Concerning the Authority of the State Licensing Authority to Establish Equivalencies for Retail Marijuana Products, and, in Connection Therewith, Making an Appropriation. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.

The bill directs the department of revenue (department) to promulgate rules establishing the equivalent of one ounce of retail marijuana flower in various retail marijuana products. The bill authorizes the department to contract for a scientific study of the equivalency of marijuana flower in marijuana products.

The bill prohibits a retail marijuana store from selling more than one ounce of retail marijuana or the equivalent in retail marijuana products during any single transaction to a Colorado resident. Current law prohibits the sale of more than one-quarter ounce of retail marijuana to a person who is not a resident of Colorado. The bill expands this prohibition to include the equivalent of one-quarter ounce in retail marijuana products.

The bill passed out of the house on April 21. The bill has been approved by the senate health & human services and appropriations committees and cleared 2nd reading in the Senate on May 2.

Since this summary, the bill passed 3rd Reading in the Senate with no amendments. It is on its way to the governor’s desk.

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