HB18-1389 Summary

• Authorizes state licensing authority to issue centralized distribution permits to optional premises cultivation facilities for temporary storage of medical marijuana concentrate and infused products received from manufacturers, limited to transfer to commonly owned medical marijuana centers.

• Establishes same centralized distribution permit authority for retail marijuana cultivation facilities to store retail marijuana concentrate and products from retail establishments for transfer to commonly owned retail marijuana stores.

• Restricts storage duration to 90 days maximum and requires all stored products to be packaged and labeled for consumer sale per state licensing rules.

• Mandates applicants notify local licensing authorities and requires tracking of all products through the seed-to-sale system from receipt to transfer.

• Defines "commonly owned" as licenses with at least one natural person holding minimum 5 percent ownership in each license.