Creates provisions relating to hemp businesses

HB 2765 establishes new licensing categories for hemp beverage businesses in Missouri, including manufacturers, wholesalers, and retailers. It defines key terms like "hemp beverage" (products containing hemp plant parts or hemp-derived compounds) and sets specific operational rules, such as requiring hemp retailers to hold an active alcohol license and prohibiting businesses from holding multiple license types (e.g., a manufacturer can’t also operate as a retailer). The bill also restricts import/export of unfinished hemp extract to U.S.-cultivated products and bans hemp businesses from holding marijuana facility licenses. These provisions directly affect companies seeking to legally produce, distribute, or sell hemp-based beverages within the state.