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Legislative Year: 2023 Change
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Bill Detail: SB23-045

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Title Marijuana Financial Responsibility Requirements
Status Senate Committee on Business, Labor, & Technology Postpone Indefinitely (02/14/2023)
Bill Subjects
  • Liquor, Tobacco, & Marijuana
House Sponsors
Senate Sponsors R. Rodriguez (D)
House Committee
Senate Committee Business, Labor and Technology
Date Introduced 01/12/2023
Summary

The bill prohibits the state licensing authority from issuing or
renewing a marijuana license unless the applicant or licensee shows proof
of financial responsibility in an amount of not less than $100,000 for each
license. The mechanism of financial responsibility must include coverage
for liability for bodily injury to lawful users resulting from the
manufacture, distribution, transportation, or sale of adulterated marijuana
or adulterated marijuana-infused products.

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