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Old 01-29-2011, 11:55 PM #1
DankSide
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Startup in Colorado?

Since Colorado seems to have a nicer cost of living than Cali, its looking better and better to move there to get things going. I am in the middle of reading the 79 page MMJ Bill right now, but have yet to get to the real answers like,

- How much is it to obtain a license to grow and provide from the state?
- How long does it take to receive the license and when is the grower feasibly allowed to start growing?
- How long does the grower have to be a resident to be able to provide?
- If you are out of state can you apply for a license?

I am looking for someone who has moved to Colorado and has cleared the hurdles in terms of a legal grow.

I have a good chunk of equipment and a decent amount of startup cash, I knew for a long time my passion was MJ, but within the past few years I have seen that my CAUSE should be MMJ.

I'm going to continue reading the parameters, but if there is anyone with experience in the matter who can chime in or recommend a good place to start the application process, I would be 100% grateful.
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Old 01-30-2011, 12:02 AM #2
High74
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yeah i guess we could use another grower and shop to add to the thousands
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Old 01-30-2011, 12:05 AM #3
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All bullshit aside if I were you I would go to Michigan were its still new and you're not fighting with a billion people for business. I hear you can still make a buck over there
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Old 01-30-2011, 12:15 AM #4
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Go for it man! everyone will tell you not to go to their State because of fear that you might grow buds that will put them out of business!
Trust me man i just moved to cali and everyone told me what this guy above is saying!
everything good !
do what you love and love what you do and you'll be okay my friend.
I went there for vacation and got my med card the next day.. you just need proof of where you live.. easy!
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Old 01-30-2011, 12:22 AM #5
High74
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trust me in not worried but thanks guy lol
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Old 01-30-2011, 12:27 AM #6
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What I can tell you for sure is this:

1. Unless you have been a CO resident for 2 years prior to December 2009 to own any Cannabis related business, period. Certain people were grandfathered, but that's the rule. (I'm not saying you had the intention, but how knows. Not sure if they count the license for providing for disp's as that rule was to prevent a mass exodus.)

2. I can't give you a current license dollar amount, but last time I did check ( a while ago ) it was in the multiple thousands.

3. Things are moving pretty quickly through the license office these days, or so they say. I heard turn around on the red cards is now around a week. I waited 8 months.

Sorry I can't help more. I had to have my lawyer explain the bill. :(


It's a fantastic place man. I've lived in both and CO is my home. Lots of great places to think about if you're coming.
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Old 01-30-2011, 12:33 AM #7
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•Those wanting to start a medical marijuana business who are not currently an "existing business" will not be able to do so until after July 1, 2011 as determined by HB-1284.
•The license fee will be in two parts. The initial fee is $500. Once the applicant, their investors, and their location meet all requirements there will be a $700 fee for the actual license. The license will need to be renewed annual at the $700 cost.

You have to be a Colorado resident for 2 years, and the license is in like 3 stages, think they are around $12k.

There is a new bill in the works right now ~

House Bill 1043 also contains provisions creating new regulations. Caregivers — small- scale providers of medical marijuana to patients — would have to register with the state. The locations of commercial marijuana-growing facilities would be made public. And a cap would be placed for the first time on the number of plants a marijuana-infused-products maker could grow.

The bill also prohibits only those who finished up a sentence for a drug-related felony within the past five years from owning a dispensary. Previously, all people convicted of a drug felony, and people discharging a sentence for any felony within the last five years, were prohibited.

Meanwhile, the bill tweaks which restrictions on a doctor's license prevent the physician from recommending marijuana. The bill would require the state Medical Board in the future specifically to note when a doctor should be barred from writing medical-marijuana recommendations.

Read more: Colorado's bill would ease state's medical-pot law - The Denver Post https://www.denverpost.com/news/marij...#ixzz1CTDQzvg4
Read The Denver Post's Terms of Use of its content: https://www.denverpost.com/termsofuse

One Colorado bill would change the rules adopted last year. House Bill 1043 would extend a moratorium on state licenses for pot shops by a year, until 2012, and clarify which doctors can recommend medical pot.


~Hope that helps!
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Old 02-01-2011, 04:31 PM #8
DankSide
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thanks for the advice everyone!

Though Cali is the hub for our cause, Colorado seems to have more need for me.

It is funny though, I'm in the south and the immediate response to what I produce is, "You got this from Cali huh?"

Merlot - thanks a bunch, I'm going to keep studying from the links you posted.

High74 - I would love to add to your thousands. Sure, a lot of people are growing, but they can't all be as well versed in concentrates, edibles, quality control, breeding - I would rather freeze in Colorado where I can actually hit the slopes again.

I'm 22 and have been doing this in the shadows since 17, I'm dedicated and have over 25 strains under my belt. One way or another I hope to have the graces of this great state soon.
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Old 02-03-2011, 06:09 PM #9
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One thing I'm hard pressed to understand is the 2 year minimum residency to own a dispensary rule. I believe AZ has similar standings.

Is this the same for a lot of states? I know there are ways around the issue, but does california impose the same 2 year rule?

Do all the other medical states impose some minimum residency limit?
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Old 02-05-2011, 12:04 AM #10
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CO is the last place i would go right now....their MMJ system is being revamped so that the local dispensaries can only sell product that is grown in the mega warehouses. check out Moonshine's grow. the local department of revenue goes into your grow and makes sure you follow all rules...they pretty much want to make all of those 10-20k warehouses pumping out weed for east coasters more illegal....

unless you have enogh capitol to start 20-30 lights and pay all the fees and start the dispensary, around 100k investment i assume...i dont think you have much of a chance unless you are gonna be selling on black market or smuggling back to the dirty south.

i would try michigan maybe, cheap cost of living with fair prices and can take them to nearby chicago or indiana... or california but prices out here suck and rent/electricity is very high.
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