Major retailer Target is expanding its participation in the hemp-derived THC beverage market, even as a federal law is set to ban the products later this year.
Last year, the company began a pilot program involving sales of cannabis drinks at 10 select stores in Minnesota. That apparently went well, and now the company has obtained licenses from Minnesota regulators to sell lower-potency hemp edible products—including THC drinks—at all 72 of its stores in the state.
According to a review of Office of Cannabis Management data, Target, which is headquartered in Minnesota, now holds more lower-potency hemp edible licenses in the state than any other company.
The new licenses were obtained on April 1 and will last for a year.
The move comes months after Congress passed and President Donald Trump signed legislation that will recriminalize hemp-derived products containing more than 0.4 milligrams of THC per container.
Bipartisan lawmakers in the U.S. Senate and House of Representatives have pushed for a delay in the scheduled ban, which is set to take effect in November, but those efforts have not gained traction with congressional leadership.
Under Minnesota law, holders of lower-potency hemp edible licenses can sell products containing up to 5
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