Cannabis business and hemp business license provisions modified, and cannabinoid product and lower-potency hemp edible labeling requirements modified.

This bill modifies licensing rules and labeling requirements for cannabis and hemp businesses in Minnesota. It allows businesses to hold multiple licenses for lower-potency hemp edibles and permits holders of these licenses to also obtain cannabis business licenses. The legislation updates labeling standards to require more detailed product information, including usage directions and child safety warnings, while removing previous restrictions that prevented hemp license holders from also holding cannabis licenses. These changes affect businesses involved in producing, wholesaling, and retailing cannabis and hemp products by adjusting how they can be licensed and what information must appear on their product packaging.