This bill establishes a comprehensive regulatory framework for the production, distribution, and sale of cannabinoids derived from hemp in Minnesota, particularly focusing on edible cannabinoid products. It introduces new definitions for terms such as "artificially derived cannabinoid" and "concentrated cannabinoid," and mandates licensing for manufacturers and distributors, along with local licensing for retailers. The bill imposes a gross receipts tax of 2.5% on sales of these products and outlines strict labeling and testing requirements to ensure consumer safety. It also prohibits sales to individuals under 21 years of age and establishes penalties for violations, including criminal penalties for unlicensed distribution or falsification of records.

Additionally, the bill empowers the commissioner to adopt rules governing the handling of cannabinoid products, including their conversion, storage, and transportation. It requires licensees to notify the commissioner of their intent to concentrate or convert cannabinoids and establishes a statewide monitoring system for tracking these products. The legislation also includes provisions for local governments to impose restrictions on sales, such as prohibiting sales near schools, and mandates background checks for retailer licenses. Furthermore, it repeals conflicting statutes and appropriates funds for regulatory enforcement, aiming to promote public health and safety while regulating the emerging market for edible cannabinoids.

Statutes affected:
Introduction: 151.72, 18K.02, 18K.03, 18K.04, 18K.06, 297A.99, 13.3806, 34A.01, 144.99, 152.027, 181.938, 340A.412