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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) For the purpose of regulating and licensing the cultivation, manufacturing, testing, storage, distribution, transport, transfer, and dispensation of natural medicine or natural medicine product by and between natural medicine licensees in this state, there is created the state licensing authority, which is the executive director, or the director of the natural medicine division if designated by the executive director.
(2) The executive director is the chief administrative officer of the state licensing authority and may employ, pursuant to section 13 of article XII of the state constitution, such officers and employees as determined to be necessary. The officers and employees are a part of the department.
(3) The executive director of the state licensing authority or a state licensing authority employee with regulatory oversight responsibilities for the natural medicine licensees that are licensed by the state licensing authority shall not work for, represent, provide consulting services to, or otherwise derive pecuniary gain from a natural medicine licensee that is licensed by the state licensing authority or any other business established for the primary purpose of providing services to the natural medicine industry for a period of six months after the employee's last day of employment with the state licensing authority.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 44. Activities Regulated by the Department of Revenue § 44-50-201. State licensing authority--creation--profiting from licensee - last updated January 01, 2025 | https://codes.findlaw.com/co/title-44-activities-regulated-by-the-department-of-revenue/co-rev-st-sect-44-50-201/
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