Colorado Cannabis Business Consulting
Colorado is a front-runner in medical, recreational, hemp, and ancillary business in the cannabis industry.
Colorado Cannabis Consulting
COLORADO RECREATIONAL MARIJUANA LICENSING SERVICES
The Marijuana Enforcement Division (MED) is the state organization that awards marijuana business licenses in Colorado. Some additional licenses and approval are required in local jurisdictions before a cannabis business can open. As of July 1, 2020, Colorado has awarded 594 licenses for retail marijuana stores and 697 retail cultivation licenses. Retail stores and cultivators represent a fraction of the licenses approved. Colorado has a diverse ecosystem of marijuana license types.
Colorado Cannabis License FAQs
Marijuana Hospitality Licenses In Colorado
The state of Colorado has recently approved the distribution of marijuana hospitality licenses. This change allows the creation of an entirely new type of cannabis business that our Colorado cannabis business consultants can guide you through. Only 3 marijuana hospitality licenses have been approved by the state so far, but many more are sure to come. Tourism is becoming the next business frontier for legal cannabis in Colorado.
Hemp License Changes For Colorado In 2021
Hemp production in Colorado has grown substantially in recent years. The state has a rich history of agriculture and widespread support for hemp. In 2019 over 500,000 acres of hemp were harvested, this year the governor signed an order proclaiming “Colorado Hemp Week” in June. Regulations for legal hemp are set to change for the 2021 growing season as the state aligns its policies with the federal standards set out in the 2018 farm bill which legalized hemp cultivation federally.