American Green Inc (ERBB)

[Inhibiton]

$ERBB$: Key note from the article............

Before sending House Bill 1317 — the regulations bill — to the Senate by a vote of 35-29, lawmakers extended the window of exclusivity in which only medical-marijuana dispensary owners will be able to apply to open a recreational pot shop. In the version of the bill that hit the House floor, the window had been three months. That window is now set at nine months, until July 1, 2014.

House members also added in a temporary requirement for vertical integration, the mandate that growers and sellers operate as part of the same company. That's how medical-marijuana dispensaries are currently structured. Under the compromise reached for HB 1317, vertical integration will be required until Oct. 1, 2014, after which growers and sellers can operate separately.

Read more: Colorado House gives initial approval to marijuana tax measure - The Denver Post http://www.denverpost.com/breakingnews/ci_23134408/colorado-house-gives-initial-approval-marijuana-tax-measure#ixzz2RyGjKTce
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