Legislators in Colorado have until July 1 to setup rules for legal marijuana stores scheduled to open January 1, 2014. As usual, the legislators making the rules are just about the last people you want to be doing that. Their lack of understanding of the subject matter would be funny, if not for the consequences.
Starting this past January 1, all adults in CO are able to grow up to 6 marijuana plants (3 can be flowering at any time) and keep all the proceeds from that legally. Additionally, any adult can possess up to one ounce (and any paraphernalia) in public. Adults can gift up to one ounce to any other adult, but no remuneration is allowed (wink, wink).
Up to this point, there are medical marijuana stores that are run by the state's Medical Marijuana Enforcement Division (MMED). These came about after President Obama was elected and he indicated that he would not pursue medical marijuana patients (CA may beg to differ).
Recently, a CO state audit discovered that the MMED had squandered much of the money provided by dispensary fees. They bought $1000 office chairs and leased a fleet of black SUV's. Whoops!!!
Read More