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Colorado 2026A

HB 1077

Average Market Rate of Unprocessed Retail Marijuana

Source: Open States / PluralUpdated 2026-09-11 17:11:02 UTC.

Official record

Measure details

Jurisdiction
Colorado
Session
2026A
Chamber
lower
Classification
bill
Subjects
Liquor, Tobacco, & Marijuana
Introduced / first action
2026-02-02 00:00:00

Source-supplied abstracts

Current law imposes a tax on the first sale or transfer of unprocessed retail marijuana at a rate of 15% of the average market rate of the unprocessed retail marijuana. The 'average market rate' is currently defined as the average price, as determined by the department of revenue (department), of all unprocessed retail marijuana that is sold or transferred from retail marijuana cultivation facilities in the state to retail marijuana product manufacturing facilities or retail marijuana stores.     The act specifies that 'outdoor unprocessed retail marijuana' is cultivated under natural sunlight and weather conditions without artificial light or structures, except under limited specified circumstances, and 'indoor unprocessed retail marijuana' is cultivated in any manner other than 'outdoor unprocessed retail marijuana.'     The act also amends the existing definition of 'average market rate' to require separate rates for fresh frozen indoor unprocessed retail marijuana and fresh frozen outdoor unprocessed retail marijuana. The act requires the department to adopt rules to establish the rates for fresh frozen indoor unprocessed retail marijuana and fresh frozen outdoor unprocessed retail marijuana on or before July 1, 2027. In addition, the existing definition of 'average market rate' requires that unprocessed retail marijuana for extractions have a separate average market rate that is lower than the rate for unprocessed retail marijuana for direct sale to consumers. The act maintains this requirement.     The act also requires the department to publish a general description of the methodology and data sources used to establish the rate for each average market rate category of unprocessed retail marijuana.(Note: This summary applies to this bill as enacted.)

Sponsors

Source-supplied history

Actions

  1. Governor Signed

    executive-signature
  2. Signed by the Speaker of the House

    passage
  3. Signed by the President of the Senate

    passage
  4. Sent to the Governor

    executive-receipt
  5. House Considered Senate Amendments - Result was to Concur - Repass

  6. Senate Third Reading Passed with Amendments - Floor

    passage, reading-3
  7. Senate Second Reading Special Order - Passed with Amendments - Committee

  8. Senate Committee on Finance Refer Amended to Senate Committee of the Whole

    committee-passage, referral-committee
  9. Introduced In Senate - Assigned to Finance

    introduction
  10. House Third Reading Passed - No Amendments

    passage, reading-3
  11. House Second Reading Special Order - Passed with Amendments - Committee

  12. House Committee on Appropriations Refer Amended to House Committee of the Whole

    committee-passage, referral-committee
  13. House Committee on Finance Refer Unamended to Appropriations

    referral-committee
  14. Introduced In House - Assigned to Finance

    introduction