Senate Bill No. 200, Public Act No. 24-95, addresses the regulation of cannabis and hemp products, focusing on social equity applicants, infused beverages, and moderate-THC hemp products. The bill establishes a task force to study business opportunities for social equity applicants in the cannabis industry, particularly in collaboration with hemp cultivators. The task force, comprising various stakeholders, must submit a report by January 1, 2025, and will dissolve upon submission or on that date. The bill also amends laws concerning the sale of infused beverages, limiting retail sales to dispensary facilities, hybrid retailers, and authorized package stores from May 15, 2024, and exclusively to these entities from July 1, 2024. It includes insertions and deletions to clarify definitions and regulations, and mandates businesses to inventory and report their stock of such beverages, paying a fee per container, with potential penalties for non-compliance.

Furthermore, the bill introduces regulations for moderate-THC hemp products, defining them and the vendors eligible to sell them. From January 1, 2025, only registered vendors or cannabis establishments can retail these products to consumers. The bill outlines the application and renewal process for vendor registration, including fees and revenue conditions, with exemptions for manufacturers. It also sets manufacturing standards, testing requirements, labeling, and distribution restrictions for these products, aligning with existing hemp product regulations. The bill prohibits the sale of moderate-THC hemp products to individuals under twenty-one and restricts packaging quantities. The Commissioner of Consumer Protection is authorized to enforce these regulations, with the power to issue interim policies and impose penalties for violations. The bill was approved on May 11, 2024.