As is the case with Marijuana Cultivation Facility licenses, the state has 45 to 90 days to respond. If the state approves the application, it will be forwarded to the local governments listed therein. Response times may vary from municipality to municipality.
There are eight types of cannabis business licenses available in Colorado; four recreational licenses and four are medicinal licenses. A business can hold both a recreational license and a medical license, but will have to apply for each one separately.
The bill authorizing recreational marijuana delivery services went into effect in January 2021. However, as is the case with most, if not all, marijuana legislation in Colorado, local governments were given wide discretion on how to implement it. Denver, for example, has made recreational delivery licenses available only to Social Equity Applicants until 2024.
How to Start Growing Cannabis Legally
Like all businesses, a cannabis-focused enterprise needs to first pick and name and incorporate with the Colorado Secretary of State. Cannabis companies can use any form of entity incorporate available in Colorado including corporations, limited liability companies, or limited liability partnerships. The choice of entity type could have significant legal and tax implications so we recommend speaking with one of Newburn Law’s experienced business lawyers prior to taking this step.
Cannabis extracts are part of the fastest-growing segments of the legal marijuana market. Getting started requires either a Medical or Recreational Marijuana Products Manufacturer license as well as a license from a local licensing authority. The first step to complete the MED Regulated Marijuana Business License Application.
These are just the initial license fees. Each license needs to be renewed annually.
These businesses grow and cultivate marijuana for sale to marijuana stores or a product manufacturer but cannot sell directly to consumers. A cultivation license allows such businesses to cultivate, prepare and package marijuana. Operating one of these businesses requires significant horticultural knowledge and typically requires material capital investments.
Hours: 8:00 – 11:00 AM and 1:00 – 4:00 PM, Monday – Friday.
Local fees will also apply depending on the county/city you plan to operate in. Localities that allow marijuana sales (Excel document). You need a local license as well as a state-level license to operate, so keep in mind that you will need to pursue the relevant local credentials before operating in that area.
Costs at a Glance
The first step to getting a marijuana business license is completing relevant applications. Which ones you need will depend on what type of marijuana business you intend to open.
These are the classes of medical marijuana businesses, taken directly from colorado.gov:
Once all applications have been filled out and all necessary fees are paid, you will need an appointment with the Marijuana Enforcement Division. You’ll need to bring copies of all documentation, every part-owner of the potential business, and personal identification (such as a drivers’ license or passport) for all parties under the application.