With the passage of new bills this legislative session, Marijuana Commissioner Rob Coupe says the recreational marijuana market is on track to open in early 2025. To keep the recreational market timeline on schedule, lawmakers passed three marijuana-related bills in addition to clean-up legislation.
The first moves medical marijuana services under the jurisdiction of the Office of the Marijuana Commissioner. In conjunction with that legislation, a bill allowing medical dispensaries to enter the recreational market early for a $200,000 licensing fee passed in both chambers.
Coupe says the conversion licenses will help to move the process along by allowing new recreational retailers to tap into existing growers and cultivators.
"The reason we felt strongly about the need for this was we've seen it effective in other states. The states that have used this model were able to get their adult use markets up in a very short period of time, many of them in less than a year."
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