Creates provisions relating to the regulation of hemp-derived consumable products

HB 393 imposes a 2% excise tax on the retail sale of hemp-derived consumable products (like edibles, beverages, or inhalables with under 0.3% THC) starting in 2026. Retailers must collect this tax separately from customers and remit it to the state, with revenue funding veterans' programs, drug prevention, and first responder initiatives. The bill defines key terms like "hemp-derived consumable product" and requires independent lab testing for THC content, ensuring products meet safety standards. It directly affects retailers, manufacturers, and consumers purchasing these regulated products within the state.