The proposed bill establishes the "Arkansas Hemp Beverage Act," which amends the existing laws concerning alcoholic beverages to create a regulatory framework for hemp-based beverages. This new subchapter outlines the definitions, licensing requirements, and compliance standards for manufacturers, wholesalers, and retailers involved in the production and sale of hemp-based beverages containing legal concentrations of delta-9 tetrahydrocannabinol and cannabidiol. The act emphasizes the importance of public safety, market integrity, and adherence to the state's three-tier system for alcoholic beverages.

Key provisions include the requirement for manufacturers to obtain permits, provide proof of compliance with state and federal laws, and submit a certificate of analysis for each product batch. Wholesalers and retailers must also hold appropriate permits and maintain records of transactions. The act mandates that hemp-based beverages must not exceed a delta-9 tetrahydrocannabinol content of 0.3% and outlines labeling standards to prevent misleading marketing, particularly to children. The Alcoholic Beverage Control Division is tasked with enforcing these regulations through inspections and audits, ensuring that all entities comply with the established rules.