(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 (13)(a) of this section.
(c) A transfer and change of designation of retail marijuana to medical marijuana pursuant to this subsection (13) 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. 2909, § 5, effective January 1, 2020; (1) amended, (HB 19-1230), ch. 340, p. 3121, § 18, effective January 1, 2020. L. 2020: (9), (10), and (11) amended, (HB 20-1424), ch. 184, p. 846, § 8, effective September 14. L. 2021: (14) added, (HB 21-1301), ch. 304, p. 1827, § 7, effective September 7; (13) added, (HB 21-1216), ch. 306, p. 1833, § 3, effective July 1, 2022.
Editor's note: This section is similar to former § 44-12-403 as it existed prior to 2020.
Structure Colorado Code
Title 44 - Revenue - Regulation of Activities
Article 10 - Regulated Marijuana
Part 6 - Retail Marijuana License Types
§ 44-10-601. Retail Marijuana Store License - Rules - Definitions
§ 44-10-602. Retail Marijuana Cultivation Facility License - Rules - Definitions
§ 44-10-603. Retail Marijuana Products Manufacturer License - Rules - Definition
§ 44-10-604. Retail Marijuana Testing Facility License - Rules
§ 44-10-605. Retail Marijuana Transporter License - Definition
§ 44-10-606. Retail Marijuana Business Operator License
§ 44-10-607. Retail Marijuana Accelerator Cultivator License
§ 44-10-608. Retail Marijuana Accelerator Manufacturer License
§ 44-10-609. Marijuana Hospitality Business License
§ 44-10-610. Retail Marijuana Hospitality and Sales Business License