The Medical Marijuana Business Alliance meeting had Senator Romer and Rob Corry speak tonight. The key point from Senator Romer was requiring dispensaries and growers to have complete "vertical integration." This means dispensaries growing 70% of their medicine while allowing 30% being exchange for other strains that cannot be self produced. What does this mean for growers? It is my understanding that growers will need to align themselves with dispensaries by forming common legal entities of ownership, thus vertically integrating.

Another key point that Senator Romer mentioned is the Colorado Department of Revenue will be hiring officers that will visit dispensaries every week to verify that the medicine dispensed equals the revenue reported. In addition, a camera will record every transaction within that dispensary. Senator Romer emphasized that these officers will be armed with weapons.
Senator Romer stated that the medical marijuana industry needs to start regulating itself by creating an association that includes a code of ethics. He cited examples of dispensaries handing out flyers to a young child or being located in close proximity to a school. These examples could force the people of Colorado to vote the legitimacy of the entire medical marijuana industry.
Please come to the next meeting of the MMBA. Rob Corry will be speaking at that meeting.
Courtesy of JB Woods
Greenpoint Insurance
MMDInsuranceCo Reviewed by MMDInsuranceCo on . MMBA meeting tonight with Senator Romer--SB 1284 The Medical Marijuana Business Alliance meeting had Senator Romer and Rob Corry speak tonight. The key point from Senator Romer was requiring dispensaries and growers to have complete "vertical integration." This means dispensaries growing 70% of their medicine while allowing 30% being exchange for other strains that cannot be self produced. What does this mean for growers? It is my understanding that growers will need to align themselves with dispensaries by forming common legal entities of Rating: 5