This bill amends Minnesota Statutes 2024, section 342.14, to modify the application periods and issuance of cannabis licenses. It establishes a maximum number of licenses that can be issued for various categories, including those available to social equity applicants and those available to all applicants. Specifically, it sets limits on cannabis cultivator, manufacturer, retailer, and mezzobusiness licenses, while also allowing the office to issue an unlimited number of cannabis microbusiness licenses. Additionally, starting July 1, 2026, the office will determine the number of licenses to be issued based on specific goals, ensuring that the number of licenses available to social equity applicants is equal to or greater than those available to all applicants.

Furthermore, the bill outlines the licensing periods and application processes. The office is required to announce the commencement of a licensing period, detailing the types of licenses available, any limits on those licenses, and the application timeline. Notably, the bill allows for the acceptance of applications for cannabis wholesaler, transporter, testing facility, event organizer, and delivery service licenses at any time, which is a significant change from previous regulations. The amendments aim to streamline the licensing process and enhance access to cannabis business opportunities in Minnesota.

Statutes affected:
Introduction: 342.14