Substitute House Bill No. 5150, known as Public Act No. 24-76, is a comprehensive piece of legislation that amends existing laws concerning the regulation of cannabis, hemp, and related products in the state. The bill modifies definitions and classifications within the state's controlled substances laws, effective July 1, 2024. It revises the definition of "cannabis-type substances" to exclude seeds of the cannabis plant and specifies that controlled substances do not include substances derived from hemp as defined in section 22-61l, as amended by this act. The bill also clarifies the roles and definitions of various professionals and entities in relation to controlled substances, repeals certain sections for clarity, and makes insertions and deletions to refine the legal text.

The bill introduces changes to the regulation of cannabinoids, synthetic cannabinoids, and high-THC hemp products, setting limits on THC content in hemp products and detailing the licensing and operational aspects of cannabis establishments. It addresses the concept of "equity joint ventures" and defines terms such as "extract" and "infused beverage." The bill also outlines the application process for various cannabis-related licenses, fees associated with these licenses, and the criteria for evaluating ownership and control of equity joint ventures. Additionally, it specifies the requirements for the sale and distribution of infused beverages containing THC, including testing, labeling, and restrictions on advertising and marketing to prevent targeting individuals under twenty-one years of age. The bill includes insertions and deletions to existing law, indicating changes to definitions and regulatory requirements.

Statutes affected:
Raised Bill:
GL Joint Favorable Substitute: 30-63
File No. 199: 30-63
FIN Joint Favorable: 30-63
File No. 646: 30-63
Public Act No. 24-76: 30-63