Colorado Legalizes Online Cannabis Sales

The governor of Colorado has signed a bill allowing online cannabis sales in the state. The bill removes the prohibition on selling cannabis online and adds regulations for online sales, allowing customers aged 21 and over to purchase cannabis online, provided they pick it up in-store with ID verification. The bill aims to reduce cash in the cannabis industry to address safety concerns.

The governor of Colorado has signed a bill allowing online cannabis sales in his state after more than ten years of legalization.

The text, voted on and then signed into law, removes the passage of the law that explicitly prohibited the sale of cannabis over the Internet. At the same time, it added regulations to allow online cannabis sales.

For more news like this, download our free cannabis news app.

Details of Online Cannabis Sales Bill

Adults aged 21 and over will still have to pick up their cannabis products in-store physically but will be able to view and purchase their cannabis online before going to the store.

The online cannabis sales bill signed by Democratic Governor Jared Polis calls for retailers to verify the customer’s name and age at the time of online purchase and for this information to match the identification the customer provides when picking up the products.

In addition, the online cannabis retailer will have to provide buyers with “digital versions of all warning or educational materials that the cannabis retail store is required to display and provide on its licensed premises.” Customers will be required to “acknowledge receipt” of these documents before completing their online cannabis purchase.

Online Cannabis Sales Bill Addresses Safety Concerns

“This online cannabis sales bill is primarily aimed, from my perspective, at reducing cash in the cannabis industry, which is extremely important, because when there’s a lot of cash in an industry, it can lead to disturbing results, including theft,” said Republican Senator Kevin Van Winkle at last month’s plenary session.

“It exposes them to a considerable amount of potential theft and other things.”

Further Measures Required for Cannabis Industry

State lawmakers are also hoping that Congress will finally come to grips with the need for greater measures beyond online cannabis sales. There are many financial and public safety issues unique to the cannabis industry, and further regulations, such as the bipartisan Secure and Fair Enforcement (SAFE) Banking Act, are needed.

—

(Featured illustration by Karolina Grabowska via Pexels)

DISCLAIMER: This article was written by a third-party contributor and does not reflect the opinion of Hemp.im, its management, staff, or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the company may believe that its expectations are based on reasonable assumptions, the actual results that the company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in Newsweed, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Hemp.im assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Hemp.im is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.