The law applies to entities, including nonprofits, that conduct business in Colorado or deliver commercial products or services targeted to residents of Colorado; AND either:
Process the personal data of more than 100,000 individuals in any calendar year; or
Derive revenue or receive discounts on goods or services in exchange for the sale of personal data of 25,000 or more individuals.
The law also applies to service providers, contractors, and vendors that manage, maintain, or provide services relating to the data on behalf of these companies.