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Joint Budget Committee trims and repurposes marijuana tax cash fund amid seed‑to‑sale, grant and transfer debates
Summary
Committee debated funding for seed‑to‑sale tracking, the RFID mandate, apprenticeship grants and multiple proposed sweeps of marijuana‑related cash funds; members split over transfers and whether to protect water and local allocations from interest sweeps.
The Joint Budget Committee (JBC) spent much of its session weighing how to use Colorado’s marijuana tax cash fund and related cash balances while completing a wide set of budget "comebacks." Lawmakers discussed funding an updated seed‑to‑sale tracking system, the scope of its procurement and an ongoing debate over transfers from cash funds to shore up the general fund.
Members signaled support for spending on a seed‑to‑sale upgrade that some staff said would cost about $100,000 now to enable an estimated $3,000,000 in enforcement or rollout next year, and asked staff to return details about procurement scope. Several lawmakers…
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