Alcoholic Beverage Commission - As enacted, provides for the regulation of the manufacturing, supplying, wholesale distribution, and retail sale of hemp-derived cannabinoid products by the commission and department of revenue; creates licenses for suppliers, wholesalers, and retailers; establishes taxes for such products and the manner in which such taxes are collected and allocated; establishes civil and criminal penalties for violations. - Amends TCA Title 39; Title 40; Title 43, Chapter 27; Title 53, Chapter 11; Title 57 and Title 67.

Tennessee's SB 1413 establishes a regulatory framework for hemp-derived cannabinoid products (HDCPs) like delta-8 and delta-10 THC, requiring licenses for manufacturers, wholesalers, and retailers. It creates specific tax rates for these products, mandates age verification (21+), and defines HDCPs as products containing cannabinoids derived from hemp with THC limits (e.g., ≤0.3% for delta-9 THC). The bill explicitly excludes CBD products, synthetic cannabinoids, and hemp fiber/grain from regulation. Businesses selling HDCPs must comply with licensing, tax collection, and labeling rules, while unlicensed sales face civil/criminal penalties.