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Budgeting innovation - Boulder Weekly

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Marijuana Industry To Add New, Diverse Ownership Thanks To Recent State, Local Laws

KUNC Michael Diaz-Rivera has a social equity license and a transporter license from the state and city of Aurora. He will start a marijuana delivery business as soon as he receives the permit. Marijuana is one of the fastest growing industries in Colorado. Since the state’s legal market started in January of 2014, medical and retail sales have topped $10 billion. Despite this huge revenue, many people of color have been unable to stake their claim within the industry and start a business. But recent state and local legislation aim to change that. Michael Diaz-Rivera’s marijuana story begins about 16 years ago during an encounter with the police. It was nighttime and he was driving around Colorado Springs with some friends.

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Tracking Colorado's Marijuana and Hemp Bills in 2021

Prime sponsors: Representative Matt Gray (D-District 33), Senator Julie Gonzales (D-District 34) Summary: Under current law, a physician is required to conduct an in-person physical examination of a person prior to certifying that the person would benefit from medical marijuana. The bill permits a physician to treat, counsel, and conduct appropriate personal physical examinations, in person or remotely via telephone or video conference, to establish a bona fide physician-patient relationship with a patient seeking a medical marijuana card. Retail marijuana stores are now prohibited from selling retail marijuana and retail marijuana products online and to a person not physically present in the retail marijuana store s licensed premises. The bill would repeal this prohibition.

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