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Tuesday, 04/23/2013 7:37:02 AM

Tuesday, April 23, 2013 7:37:02 AM

Post# of 341650
Existing Dispensaries like Altitude Organics can start selling Recreational Weed this October. Can you imagine the revenues from 4th quarter sales? Multi-Millions $$$$$

House Bill 1317, while taking into account some input from the Amendment 64 Task Force, creates a new set of guidelines that will establish the country’s first recreational marijuana industry:

The bill calls for a three month moratorium on new retail, recreational use marijuana license applications. Existing medical marijuana dispensaries, or those who have already applied for a medical marijuana sales license, are exempt from the moratorium, giving Colorado’s existing medical marijuana industry a three-month exclusive on recreational sales. The three-month exclusive would begin in October, 2013.

http://www.thedailychronic.net/2013/17298/colorados-marijuana-regulation-taxation-bills-filed/