SB22-178
Licensees Ability To Change Marijuana Designation
Concerning the ability for certain marijuana licensees to change the designation of marijuana from medical to retail, and, in connection therewith, making an appropriation.
Session:
2022 Regular Session
Subject:
Bill Summary
Liquor, Tobacco, & Marijuana
The bill allows a medical marijuana cultivation facility licensee to transfer medical marijuana to a retail marijuana cultivation facility licensee and the retail marijuana cultivation facility licensee to receive the marijuana and change the designation of the marijuana from medical to retail.
The bill clarifies that the retail marijuana cultivation facility licensee is required to pay any retail marijuana excise tax.
(Note: This summary applies to this bill as introduced.)