The Colorado Department of Revenue has declared that medical marijuana dispensaries should get themselves registered, or else, they will be locked up by the State. They are being asked to submit a license or shut down their stores.
The last date to apply for permits is August 1. To control the flow of the traffic, the state has set temporary offices at the old dog track in Commerce City. It is said that the dispensary fees can go as high as $18,000.
For a lot of marijuana dispensary owners, it is a good opportunity to get legitimate.
Josh Stanley, Proprietor of three medical marijuana centers, says that all of his Companies will have to go through long licensing procedures.
He said, "It kind of feels like I'm back in college, but my Professor is the Department of Revenue. It starts out as 30 pages. And then after the addendums, it's typically about 1,000 pages".
He feels that with 900 people applying for a license, they are sure to hit a record. Stanley says that it is the first time in history that medical marijuana is being made legitimate.
According to the Department of Revenue, once the formalities are done with, implementation of the ruling will start within a span of some months.