MJBizMag May-June 2022 - 27

INDUSTRY DEVELOPMENTS
Minnesota
State regulators voted to allow small amounts of THC in over-the-counter
hemp products. The vote by the Minnesota Board of Pharmacy follows a
decision in late 2021 in which a state appeals court said that the distinction
between marijuana and hemp stops at the plant. That ruling put in question
the legality of products containing some THC-but not more than 0.3% THC,
the federal limit for hemp. The clarification by pharmacy regulators was
crucial, according to Minnesota Cannabis Association founder Steven Brown,
who added: " The hemp industry is saved because of the ruling of the Board
of Pharmacy. "
New Jersey
The Garden State launched its projected $2 billion adult-use marijuana
market on April 21. The initial seven adult-use companies are all multistate
operators. Industry experts said they might get as much as an 18-month
head start on some new cannabis businesses. New Jersey voters approved
adult-use marijuana in November 2020. The operators have developed
plans to prioritize MMJ patients should supplies run low, focusing in part on
home delivery and curbside pickup. Industry experts say they expect some
initial choppiness.
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MJBizMag May-June 2022

Table of Contents for the Digital Edition of MJBizMag May-June 2022

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