The "Consumable Hemp Licensing and Regulation Act" establishes a regulatory framework for hemp-derived consumables in South Carolina by introducing Chapter 81 to Title 39 of the South Carolina Code. The bill requires all businesses involved in the production, distribution, or sale of hemp-derived consumables to obtain a license from the South Carolina Department of Agriculture by July 1, 2025. It includes provisions for licensing processes, safety testing for contaminants, and penalties for violations. Additionally, the act prohibits the sale of these products to individuals under 21 years of age and mandates specific labeling requirements to inform consumers about product contents and risks.

The legislation further outlines restrictions on marketing and sales practices, including a prohibition on appealing imagery for children and limitations on serving sizes based on product type. It imposes a two percent excise tax on retail sales and establishes policies for local school districts to restrict the use of hemp-derived products on school property. The Department of Agriculture is responsible for enforcing these regulations, conducting inspections, and maintaining a registry of testing laboratories. Overall, the act aims to promote responsible consumption, ensure product safety, and prevent underage access to hemp-derived consumables.