SB17-111

SB17-111 - Medical Marijuana Inventory Shortfall Fixes

Inactive
Concerning measures to address medical marijuana inventory shortfalls, and, in connection therewith, making an appropriation.

The medical marijuana system is a vertically integrated regulatory scheme, meaning a medical marijuana center must grow the marijuana that it sells. There is one exception to the vertically integrated market: A medical marijuana center can sell to or buy from other medical marijuana licensees up to 30% of its inventory. The bill eliminates the statutory limit and requires the limit to be set in rule by the state licensing authority as long as it is not set below 30%. The bill states that a medical marijuana center may transfer medical marijuana to another medical marijuana licensee if the licensees have a common owner without the medical marijuana counting towards the limit set in rule.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: June 9, 2017
06/09/2017 - Governor Vetoed
05/18/2017 - Sent to the Governor
05/18/2017 - Signed by the Speaker of the House
05/18/2017 - Signed by the President of the Senate
05/05/2017 - House Considered Senate Adherence - Result was to Recede
05/05/2017 - Senate Considered House Amendments - Result was to Adhere
05/04/2017 - Senate Considered House Amendments - Result was to Laid Over Daily
05/03/2017 - House Third Reading Passed - No Amendments
05/02/2017 - House Second Reading Special Order - Passed with Amendments - Committee, Floor
05/02/2017 - House Committee on Appropriations Refer Amended to House Committee of the Whole
04/17/2017 - House Committee on Finance Refer Amended to Appropriations
03/24/2017 - Introduced In House - Assigned to Finance
03/23/2017 - Senate Third Reading Passed - No Amendments
03/22/2017 - Senate Third Reading Laid Over Daily - No Amendments
03/21/2017 - Senate Second Reading Passed with Amendments - Committee
03/20/2017 - Senate Second Reading Laid Over Daily - No Amendments
03/17/2017 - Senate Second Reading Laid Over Daily - No Amendments
03/14/2017 - Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
02/23/2017 - Senate Committee on Finance Refer Amended to Appropriations
02/21/2017 - Senate Committee on Finance Witness Testimony and/or Committee Discussion Only
02/15/2017 - Senate Committee on Business, Labor, & Technology Refer Amended to Finance
01/27/2017 - Introduced In Senate - Assigned to Business, Labor, & Technology