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Change on the horizon for the Colorado cannabis industry

Jan 21, 2015 • 8:21 PM EST
cannabis testing.png
1 MIN READ  •  By Michael Berger
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There are big changes on the horizon for the Colorado cannabis industry. On Tuesday, a panel of state senators voted to scrap most of the administration’s plans to change Colorado’s rules regulating how medical marijuana is grown and sold.

Governor John Hickenlooper’s regulators wanted to make 15 changes to the current cannabis regulations in Colorado, but senators from both parties voted unanimously not to take that approach. Lawmakers will instead debate every aspect of the medical marijuana code.

“Many of these are rather major policy changes and those should be debated individually,” said Sen. Owen Hill, R-Colorado Springs, who suggesting tabling most of the administration’s proposals until they could be debated individually.

Some of the changes we expect to see happen include:

  1. Governor Hickenlooper’s administration wants to limit the number of places that caregivers can grow marijuana by requiring them to tell health authorities where they grow the pot

  2. Increased marijuana testing. This would include testing how potent the plant is and testing the plant for any contaminants.

  3. Required testing for cannabis edibles. This was a hot topic during 2014 and we expect to see the state crackdown on how edibles are sold, and how potent the edibles are.

Technical420 expects to see news come out soon because the deadline is coming up. A bill must be introduced by January 23rd to meet the legislative deadline.

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Authored By

Michael Berger

Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Technical420.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.

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