On Wednesday, April 25, 2018, House Bill 1295 passed the Colorado Senate and is on its way to be signed into law by Gov. John Hickenlooper.
From The Cannabist,
“At its simplest form, House Bill 1295 — which unanimously passed the Colorado Senate on Wednesday — merely codifies a state policy and program in place since July. In a broader context, Colorado’s buttoning up of regulations is a novel move to protect the state’s emerging industrial hemp industry as the plant’s legality is debated federally…
The provisions of HB-1295 codified existing policy and then took that a step further by doubling up on the safeguards. The bill’s provisions include language that would prohibit a company with an FDA-approved pharmaceutical from preventing or restricting the production, sale or distribution of naturally occurring CBD extracts.”