Use of proceeds from the cannabis gross receipts tax modified, cannabis youth grant program established, and report required.

This bill modifies how Minnesota's cannabis gross receipts tax revenue is used by directing 10% of those funds to a new Cannabis Youth Grant Program starting in 2026. The program will provide grants to organizations offering youth development services, including after-school programs, mentorship initiatives, and restorative justice efforts that address past cannabis criminalization impacts. Eligible projects must focus on building skills like financial management and entrepreneurship, improving mental health, preventing substance use, and fostering community engagement, with priority given to communities disproportionately affected by cannabis enforcement. The commissioner must submit annual reports to the legislature detailing how grant money is awarded and used.