Mon | Sep 25, 2017

Colorado moves to guard against ganja crackdown

Published:Sunday | March 26, 2017 | 3:00 AM
In this 2014 file photograph, Matt Hart holds up a bud of Lemon Skunk, the most potent strain of marijuana available at the 3D Dispensary in Denver Colorado.

DENVER (AP):

Colorado is considering an unusual strategy to protect its nascent marijuana industry from a potential federal crackdown, even at the expense of hundreds of millions of dollars in tax collections.

A bill pending in the Legislature would allow pot growers and retailers to reclassify their recreational pot as medical pot if a change in federal law or enforcement occurs.

It's the boldest attempt yet by a US marijuana state to avoid federal intervention in its weed market.

The provision is getting a lot of attention in the marijuana industry following recent comments from members of President Donald Trump's administration which suggest that federal authorities could start seizing recreational pot.