(b) Both the medical marijuana cultivation facility and retail marijuana cultivation facility must remain at or under their respective regulated inventory limits before and after the designation is conducted pursuant to subsection (9)(a) of this section.
(c) A transfer and change of designation of retail marijuana to medical marijuana pursuant to this subsection (9) is not a transaction that results in a right to refund of any retail marijuana excise tax incurred or paid prior to that transfer and change of designation.
Source: L. 2019: Entire article added with relocations, (SB 19-224), ch. 315, p. 2890, § 5, effective January 1, 2020. L. 2021: (10) added, (HB 21-1301), ch. 304, p. 1827, § 6, effective September 7; (9) added, (HB 21-1216), ch. 306, p. 1832, § 1, effective July 1, 2022.
Editor's note: This section is similar to former § 44-11-403 as it existed prior to 2020.
Structure Colorado Code
Title 44 - Revenue - Regulation of Activities
Article 10 - Regulated Marijuana
Part 5 - Medical Marijuana License Types
§ 44-10-501. Medical Marijuana Store License
§ 44-10-502. Medical Marijuana Cultivation Facility License - Rules - Definitions
§ 44-10-503. Medical Marijuana Products Manufacturer License - Rules - Definition
§ 44-10-504. Medical Marijuana Testing Facility License - Rules
§ 44-10-505. Medical Marijuana Transporter License - Definition