SB3926 Summary: Hemp Consumer Products Act

• Creates the Hemp Consumer Products Act establishing licensing and regulatory framework for hemp consumer product retailers and processors, with application fees of $100 for retailers and $1,000 for processors.

• Defines hemp consumer products as containing naturally occurring phytocannabinoids with THC concentration limits of 0.3% for inhalation/smoking products or 0.5mg per serving (2mg per package) for other products, with total cannabinoid content at least 25 times greater than THC concentration.

• Prohibits synthetic cannabinoids, artificially derived cannabinoids, THC isomerization, and requires products to comply with labeling, packaging, testing, and advertising standards set by the Department of Agriculture.

• Authorizes 50 additional Conditional Adult Use Dispensing Organization Licenses and 50 Conditional Infuser Organization Licenses to be distributed by lottery to Qualifying Social Equity Justice Involved Applicants by July 1, 2025.

• Creates the Intoxicating Hemp-Derived THC Consumer Products Safety Committee to produce recommendations by January 1, 2025 on consumer safety standards and regulatory framework for hemp-derived THC products; requires agencies to report legislative recommendations by March 1, 2025.