Senate Bill 1045 proposes the legalization and regulation of cannabis in the state, allowing individuals aged 21 and older to possess cannabis for recreational use and those aged 18 and older to possess it for medical purposes, provided they have a qualifying condition. The bill establishes a framework for the production, processing, transportation, testing, and sale of cannabis, requiring licenses for these activities. It also creates the Division of Cannabis Regulation within the Department of Agriculture, Trade and Consumer Protection to oversee these operations. The bill includes specific provisions for intoxicating hemp products, restricting their sale to individuals aged 21 and older, and imposes penalties for violations related to the sale and possession of these products.

Additionally, the bill outlines the licensing requirements for cannabis producers, processors, retailers, and microbusinesses, including application fees and operational standards. It mandates that cannabis products be packaged in child-resistant containers with detailed labeling, including ingredient lists and warnings about the risks of cannabis use. The bill also addresses the transportation and testing of cannabis, requiring registered transporters and licensed testing laboratories to adhere to specific regulations. Overall, the legislation aims to create a regulated cannabis market while expunging or adjusting past convictions for marijuana-related offenses.