Colorado § 44-50-201 - State licensing authority - creation - profiting from licensee.
Full text of Colorado Colorado Revised Statutes § 44-50-201 — State licensing authority - creation - profiting from licensee., with citation guidance and answers to common questions.
§ 44-50-201. State licensing authority - creation - profiting from licensee.
(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.
Source: L. 2023: Entire article added, (SB 23-290), ch. 249, p. 1395, § 21, effective July 1.
ANNOTATION
Law reviews. For article, "Colorado's Bold Move to Legalize Psychedelics", see 53 Colo. Law. 32 (July-Aug. 2024).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 44-50-201
What does Colorado Revised Statutes § 44-50-201 cover?
Section 44-50-201 ("State licensing authority - creation - profiting from licensee.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 44-50-201?
A common citation format is "Colorado Revised Statutes § 44-50-201" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 44-50-201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.