I wanted to make sure you are aware of an important change to Colorado’s marijuana rules regarding license renewals.
Due to a change in Colorado statutes and rules, the Marijuana Enforcement Division no longer can accept late license renewal applications. Under this rule change, a license is immediately invalid upon expiration if the licensee has not submitted a renewal application prior to the license expiration date. If the license renewal application is submitted on time, the licensee may continue to operate until the licensing authorities act upon the application.
Please be aware, if a licensee fails to submit a timely renewal application, it is required to immediately cease all operations, and then apply for a new state license.
Please keep this change in mind as you monitor future license renewals for your businesses.