The state of Colorado legalized both adult-use and medical cannabis. Persons 21 years and older may purchase and possess cannabis, while registered patients have access to medical cannabis. Access to cannabis is through state licensed businesses that are allowed to grow, manufacture and sell cannabis.
Colorado legalized medical cannabis in 2000, through a ballot, Amendment 20, which provided a legal way for qualifying patients in the state to access and utilize medical cannabis as a form of treatment for their ailment. In 2012, Colorado legalized medical cannabis through a ballot, amendment 64, which provided a legal system and access to cannabis for persons 21 years and older.
To learn more about cannabis business opportunities in Colorado contact us.
When to Apply
COLORADO MARIJUANA BUSINESS LICENSES
Colorado Cannabis Cultivation – can grow cannabis plants and sell wholesale to other licensed Colorado Cannabis Businesses. There are no state-wide limits on number of cultivation licenses available.
Colorado Cannabis Manufacturing – can extract, process and produce cannabis products such as edibles, concentrates, tinctures, etc and sell to retail stores. There are no state-wide limits on number of cultivation licenses available.
Colorado Cannabis Retail – can purchase cannabis from licensed cultivation and manufacturing facilities and sell cannabis to persons 21 years and older or qualifying patients with a valid medical marijuana card. There are no state-wide limits on number of cultivation licenses available
HOW TO START A MARIJUANA BUSINESS IN COLORADO
To operate a marijuana business in Colorado, you will need the following plans:
- Security Plan
- Environmental Impact Plan
- Quality Control and Quality Assurance Plan
- Business Plan
- Financial Plan
- Community Benefits Plan
- Research Plan
- Cultivation, Manufacturing and/or Dispensing Plan
- Labor Compliance Plan
- Staffing and Training Plan
Schedule for a complimentary 15-min consult with our licensing/application team to learn more about how we may be able to assist you.
COLORADO MARIJUANA TIMELINE
2000 – Colorado legalized medical cannabis
2012 – Colorado legalized adult-use cannabis
2013 – Colorado established legal dispensing framework
"Cannabis Business Advisors is a world-class company. Their tactical and strategic knowledge will guide any business to success. CB Advisors' advice and counsel played a key role in making Strive Life the only locally awarded dispensary in North Dakota."Dispensary Owner, Strive Life Grand Forks
"SARA’S SUCCESS SPEAKS FOR ITSELF. OUR COMPANY CONTINUES TO ENGAGE SARA FOR ONGOING CONSULTING AND HER ADVICE REMAINS SOLID AND RELEVANT TO OUR GROWTH."Owner, Firefly Dispensaries in Pennsylvania.
"WORKING WITH SARA WAS A PLEASURE. WE DON’T KNOW HOW WE WOULD HAVE GOTTEN THROUGH THE APPLICATION PROCESS WITHOUT HER."Arizona Vertically Integrated Facility Owner
"Sara reduced much of the management team’s stress by her knowledge, execution, resolving conflicts, and firm but confident approach."Chairman, Solevo Wellness
"Sara’s success speaks for itself. Our company continues to engage Sara for ongoing consulting and her advice remains solid and relevant to our growth."Owner, Firefly Dispensaries in Pennsylvania.
"Working with Sara was a pleasure. We don’t know how we would have gotten through the application process without her."Arizona Vertically Integrated Facility Owner