This bill amends various provisions of Minnesota Statutes to introduce a new "cannabis macrobusiness" license, replacing the term "medical combination business" in multiple sections, including sections 342.01 and 342.10. It establishes specific licensing fees for macrobusinesses, including a $10,000 application fee, a $20,000 initial license fee, and a $70,000 renewal fee. The bill also allows for the reclassification of existing cannabis microbusiness and mezzobusiness licenses to macrobusiness licenses under certain conditions. Additionally, it clarifies the definition of "medical cannabinoid product" and modifies regulations surrounding home extraction of cannabis concentrate, now requiring a macrobusiness license for such activities.
Moreover, the bill enhances the regulatory framework for cannabis businesses by introducing new medical cannabis endorsements for cultivation, manufacturing, and retail, while outlining compliance requirements for businesses holding these endorsements. It allows cannabis microbusinesses or mezzobusinesses with at least two medical cannabis endorsements to apply for an external transporter endorsement and enables businesses with a retail endorsement to deliver products to registered patients and caregivers. The legislation also mandates that by January 1, 2027, all existing medical cannabis combination business licenses must transition to macrobusiness licenses, with a focus on prioritizing social equity applicants. Overall, the bill aims to streamline the licensing process, promote economic growth, and ensure consumer safety in Minnesota's cannabis market.
Statutes affected: Introduction: 342.51, 342.01, 342.09, 342.175, 342.22, 342.27, 342.35, 342.37, 342.41, 342.515, 342.61, 342.63, 342.80