Cannabis

GREENSPOON MARDER CLIENT ALERT: FARM PRODUCTS AND COMMODITY HANDLER PROGRAMS IN COLORADO

October 4, 2018

If you are currently in the business of purchasing or selling any part of the unprocessed industrial hemp plant in the state of Colorado, the information contained in this message may be of importance to you.

The Colorado Department of Agriculture currently regulates all persons engaged in the business of purchasing and selling any unprocessed farm product or farm commodity for the purposes of processing, resale, or even storage. Unprocessed industrial hemp is classified as an agricultural crop by the Colorado Department of Agriculture. Therefore, the purchase and sale of industrial hemp for processing, re-sale, and storage may fall under the purview of these programs.

If your business operates by selling or purchasing unprocessed industrial hemp or unsterilized industrial hemp seeds for processing and re-sale or storage, you may be required to be licensed by the Colorado Department of Agriculture. Currently, a farm products dealer or commodity handler that is operating without a license and bond, where applicable,  is committing a class 6 felony in the state of Colorado.

If you believe that your business operations may be affected by the information contained in this email and need assistance in interpreting the guidance that is available for this program, we strongly suggest that you reach out to us.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 215 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has maintained a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

Cynthia Howard Chief Marketing Officer (720) 370-1182
[email protected]