H_BUS_2020A 02/04/2020 01:33:03 PM Committee Summary

Representative Snyder introduced House Bill 20-1013. The bill creates a statutory procedure for the ratification or validation of corporate actions that may not have been properly authorized and for shares that may not have been properly issued.

Representative Snyder responded to questions from the committee.

Herrick Lidstone, Colorado Bar Association, testified in support of the bill.

Representative Snyder made closing remarks on the bill.

Committee members made closing remarks on the bill.

The committee took a brief recess.

The committee reconvened.

Representative Gray and Representative Van Winkle introduced House Bill 20-1080. Current law requires that all managers and employees of medical or retail marijuana businesses be residents of Colorado on the date of their license application. The bill removes this requirement.

The bill sponsors responded to questions from the committee.

Abbey Borchers, The Green Solution, testified in support of the bill.

Kevin Gallagher, Colorado Cannabis Manufacturers Association, testified in support of the bill.

Dominique Mendiola, Marijuana Enforcement Division in the Department of Revenue, came to the table to respond to committee questions.

Jordan Wellington, VS Strategies, testified in support of the bill. Mr. Wellington and Representative Gray responded to questions from the committee.

The bill sponsors provided closing remarks on the bill.