MJBiz - November/December 2023 - 41

INDUSTRY DEVELOPMENTS
Minnesota
More than 1,000 companies and entrepreneurs applied for business licenses to join Minnesota's lowdose,
hemp-derived products market (see related story on page 74).
The Oct. 1 deadline fueled application filings by businesses that " sell hemp-derived cannabinoid
products containing THC, CBD or both, " according to information from the health department.
The new batch of registered businesses will face regulations and taxation under Minnesota's adultuse
cannabis legalization law that went into effect in May. The law also transferred oversight of
hemp-derived products from the Board of Pharmacy to the health department's Office of Cannabis
Management.
Hemp-derived product makers and sellers in Minnesota were largely given regulatory freedom after
a groundbreaking state law in May 2022 allowed the sale of hemp-derived THC edibles in mainstream
retail outlets such as grocery and convenience stores-distribution channels largely prohibited in other
state-regulated cannabis markets.
http://www.calicobrands.com

MJBiz - November/December 2023

Table of Contents for the Digital Edition of MJBiz - November/December 2023

MJBiz - November/December 2023 - CT1
MJBiz - November/December 2023 - CT2
MJBiz - November/December 2023 - Cover1
MJBiz - November/December 2023 - Cover2
MJBiz - November/December 2023 - 3
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MJBiz - November/December 2023 - Cover3
MJBiz - November/December 2023 - Cover4
MJBiz - November/December 2023 - CT3
MJBiz - November/December 2023 - CT4
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