The bill SB 485-FN establishes a comprehensive regulatory framework for hemp-derived cannabinoid products (HDCPs) in New Hampshire, defining key terms and introducing a licensing system managed by the New Hampshire Liquor Commission. It includes provisions for manufacturers, wholesalers, and retailers, and imposes a 5% wholesale tax on sales. The bill prohibits the sale of HDCPs containing THC levels exceeding 0.3% on a dry weight basis and mandates that all individuals or entities involved in the business of HDCPs must register with the Secretary of State and obtain a license. Key insertions include the definitions of "hemp-derived cannabinoid" and "hemp-derived cannabinoid product," as well as the establishment of a new chapter (RSA 179-A) dedicated to their regulation. The bill also deletes specific references to THC components in the definition of total theoretical THC content.

Additionally, the legislation outlines strict requirements for the manufacturing, distribution, and sale of HDCPs, including rigorous testing and safety standards, labeling requirements, and age verification for purchasers. It mandates that licensed individuals complete a training program and prohibits the direct shipping of HDCPs to consumers. The bill also establishes penalties for violations, including unlawful possession by individuals under 21 years of age, and sets forth advertising restrictions to prevent marketing to minors. The act is set to take effect on January 1, 2027, and anticipates the need for additional positions within the Liquor Commission to manage the new regulatory responsibilities, with associated costs and potential revenue generation for the state.

Statutes affected:
Introduced: 439-A:2, 439-A:4
SB485 text: 439-A:2, 439-A:4