Senate Committee of Reference Report

Committee on Finance

All text that will be removed from the bill will be indicated by strikethrough as follows:

This is text that is removed from law.

Text that is added to a bill will be indicated by either all capitals or bold & italic as follows:

  • This all capitals text would be added to law.
  • This is bold & italic text that would be added to law.

May 7, 2026

After consideration on the merits, the Committee recommends the following:

HB26-1077   be amended as follows, and as so amended, be referred to the Committee of the Whole with favorable recommendation:

Page 1, Line 1Amend reengrossed bill, page 2, line 3, strike "(4.5) and (6.5)" and

Page 1, Line 2substitute "(4.5), (6.5) and (6.7)".

Page 1, Line 3Page 2, strike lines 16 to 18.

Page 1, Line 4Page 3, strike lines 1 through 25, and substitute "market rate" must

Page 1, Line 5include one or more rates that cover unprocessed marijuana that is

Page 1, Line 6allocated to extractions, and the initial rates for these product types must

Page 1, Line 7be lower than the rate for unprocessed marijuana that is allocated for

Page 1, Line 8direct sale to consumers. including fresh frozen indoor unprocessed

Page 1, Line 9retail marijuana and fresh frozen outdoor unprocessed retail

Page 1, Line 10marijuana. The initial rates for unprocessed marijuana that are

Page 1, Line 11allocated to extractions must be lower than the rate for

Page 1, Line 12unprocessed marijuana that is allocated for direct sale to

Page 1, Line 13consumers. The department shall adopt rules to establish the

Page 1, Line 14rates for fresh frozen indoor unprocessed retail marijuana and

Page 1, Line 15fresh frozen outdoor unprocessed retail marijuana on or before

Page 1, Line 16July 1, 2027.".

Page 1, Line 17Page 3, line 27, strike "cultivated within an indoor".

Page 1, Line 18Page 4, line 1, strike "structure using artificial lighting or".

Page 1, Line 19Page 4, strike lines 4 through 9 and substitute:

Page 1, Line 20"(6.5)  "Natural weather conditions" means ambient

Page 1, Line 21temperature, precipitation, and humidity.

Page 1, Line 22(6.7) (a)  "Outdoor unprocessed retail marijuana" means

Page 2, Line 1unprocessed retail marijuana that, except as provided in

Page 2, Line 2subsection (6.7)(b) of this section, was cultivated under natural

Page 2, Line 3sunlight without artificial light or light deprivation, with

Page 2, Line 4direct exposure to natural weather conditions, and not within

Page 2, Line 5an indoor facility, greenhouse, or other structure that

Page 2, Line 6prevents exposure to natural sunlight and natural weather

Page 2, Line 7conditions.

Page 2, Line 8(b)  Outdoor unprocessed marijuana may be:

Page 2, Line 9(I)  Cultivated using artificial light to maintain

Page 2, Line 10vegetative plants under twenty-four inches in height and to

Page 2, Line 11maintain mother plants;

Page 2, Line 12(II)  Cultivated using irrigation, fertigation, or similar

Page 2, Line 13agricultural practices; and

Page 2, Line 14(III)  Protected from an adverse weather event pursuant

Page 2, Line 15to a contingency plan approved by the state licensing authority

Page 2, Line 16pursuant to section 44-10-602 (14).".

Page 2, Line 17Page 4, after line 9 insert:

Page 2, Line 18"SECTION 2.  In Colorado Revised Statutes, add 39-28.8-201.5

Page 2, Line 19as follows:

Page 2, Line 2039-28.8-201.5.  Average market rate - unprocessed retail

Page 2, Line 21marijuana - description.  

Page 2, Line 22For each average market rate category of unprocessed

Page 2, Line 23retail marijuana that the department establishes pursuant to

Page 2, Line 24section 39-28.8-101 (1.5), the department shall publish a general

Page 2, Line 25description of the methodology and data sources used to

Page 2, Line 26calculate the rate, while protecting confidential, proprietary,

Page 2, Line 27and identifying information.".

Page 2, Line 28Renumber succeeding sections accordingly.