More than 1,000 companies and entrepreneurs have applied for business licenses to be part of Minnesota’s booming low-dose, hemp-derived products market.
The run-up to the Oct. 1 application deadline has fueled applications filings, which more than doubled from mid-August to 1,250, the Minnesota Department of Health told MinnPost.
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The application deadline applies to any business, including liquor stores, that “sell hemp-derived cannabinoid products containing THC, CBD, or both,” according to information from the Minnesota Department of Health.
Registration is free.
Once registration is completed, operators will receive a registration certificate and unique ID number via e-mail.
The new batch of registered businesses will face new regulations and taxation under Minnesota’s adult-use cannabis legalization law that went into effect in May.
The law also transferred oversight of hemp-derived products from the Board of Pharmacy to the health department’s Office of Medical Cannabis (OCM).
The agency is in
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