NOTE: The governor signed this measure on 6/5/2015.
      
      
      HOUSE BILL 15-1387
      
      
      BY REPRESENTATIVE(S) Pabon and Rankin, Fields, Hamner, Roupe,
      Vigil, Young, Becker K., McCann;
      also SENATOR(S) Steadman and Lambert, Kerr, Newell.
      
      
      Concerning the elimination of the authorized transfer of medical
           marijuana to retail marijuana at the time that a retail
           marijuana establishment license becomes effective.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 12-43.4-104, amend
      (1) (a) (III) and (1) (a) (IV) as follows:
      
           12-43.4-104.  Applicability - retail marijuana - repeal.
      (1) (a) (III)  If the applicant indicates a desire to surrender the medical
      marijuana license, the applicant shall continue to operate under that license
      so long as the license remains in effect until a retail marijuana
      establishment license is approved. If the retail marijuana establishment
      license is granted, the applicant shall have fourteen days from the effective
      date of the license to surrender the medical marijuana license to the state
      licensing authority. If the retail marijuana license is granted, on the
      effective date of the license, all medical marijuana plants and inventory
      shall become retail marijuana plants and inventory on the date of the retail
      marijuana establishment license; except that beginning on July 1, 2016,
      an applicant shall not be allowed to transfer medical marijuana
      plants and inventory from a medical marijuana center or from a
      medical marijuana-infused products manufacturer to any retail
      marijuana establishment. Beginning on July 1, 2016, the only
      transfer of medical marijuana allowed pursuant to this
      subparagraph (III) is the transfer of medical marijuana plants and
      inventory from a medical marijuana cultivation facility to a
      retail marijuana cultivation facility.
      
           (IV)  An applicant pursuant to this paragraph (a) may apply for a
      retail marijuana establishment license and retain the medical marijuana
      license. The applicant may apply to have the medical marijuana licensed
      operation and the retail marijuana establishment at the same location only
      if the local jurisdiction permits the medical marijuana licensed operation
      and the retail marijuana establishment to be operated at the same location.
      At the time that the retail marijuana establishment license becomes
      effective, the applicant shall identify the medical marijuana inventory that
      will become retail marijuana inventory; except that beginning on
      July 1, 2016, an applicant shall not be allowed to transfer
      medical marijuana inventory from a medical marijuana center or
      from a medical marijuana-infused products manufacturer to any
      retail marijuana establishment. Beginning on July 1, 2016, the
      only transfer of medical marijuana allowed pursuant to this
      subparagraph (IV) is the transfer of medical marijuana inventory
      from a medical marijuana cultivation facility to a retail
      marijuana cultivation facility.
      
           SECTION 2.  Safety clause. The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ________________________________________________________
      Dickey Lee Hullinghorst                Bill L. Cadman
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO