The new Office of Cannabis Management will release applications, issue licenses and develop regulations outlining how and when businesses can participate in the new adult-use industry in Minnesota. Over the coming months, the new state agency will develop the regulatory framework for legal adult cannabis, and establish processes and timelines to apply for licenses.
The Minnesota Department of Health will continue to oversee the regulation and policies for the Medical Cannabis Industry of the state until their transfer to the Office of Cannabis Management scheduled in 2025.
Local governments can limit the number of cannabis retailers to one for every 12,500 residents.
The tax on cannabis product sales will be 10% in addition to state and local sales taxes. Local governments will not collect an additional cannabis-specific tax.