Loading chat...

MN HF3330

Bill

Status

Introduced

5/16/2025

Primary Sponsor

Nolan West

Click for details

Origin

House of Representatives

94th Legislature 2025-2026

AI Summary

  • Adds formal definitions for "control," "employee stock ownership plan," and "trustee" to Minnesota's cannabis business licensing statutes

  • Excludes trusts (including employee stock ownership plans), trustors, trustees, and beneficiaries from the definition of "true party of interest" for cannabis business licensing purposes

  • Exempts ESOP trustees and employees/officers/managers/directors of ESOP-owned cannabis businesses from limitations on the number of license applications and licenses an individual may hold

  • Amends multiple license type provisions (microbusiness, mezzobusiness, cultivator, manufacturer, retailer, wholesaler, transporter) to reference these new ESOP-related exemptions

Legislative Description

Employee stock ownership plans provisions modified.

Last Action

Author added Falconer

2/17/2026

Committee Referrals

Commerce Finance & Policy5/16/2025

Full Bill Text

No bill text available