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Modernize Regulation of Cannabis-Related Products

The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.

CO SB 161 · Senate Bill · 2026A

Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Apr 28, 2026

What it does

Under current law, an excise tax of 15% is levied and collected on the first sale or transfer of unprocessed retail marijuana by a retail marijuana cultivation facility, and a sales tax of 15% is imposed on sales of retail marijuana and retail marijuana products by a retailer. The bill lowers the excise tax to $1 per pound of unprocessed retail marijuana and replaces the 15% sales tax with a sales tax structure that is based on the content of intoxicating cannabinoids in retail cannabis products. The sales tax may be changed by an act of the general assembly but may not exceed 2 cents per milligram of total intoxicating cannabinoids until January 1, 2030, and 5 cents thereafter.     The…

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Where it stands

The latest recorded action postponed this bill indefinitely. It is no longer advancing in this session.

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Apr 28, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Colorado.

Work with this bill

Modernize Regulation of Cannabis-Related Products | 52