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MN HF3681

Bill

Official Source

Status

Introduced

2/25/2026

Primary Sponsor

Nolan West

Click for details

Origin

House of Representatives

94th Legislature 2025-2026

AI Summary

  • Raises the ownership threshold for "true party of interest" exemptions from 10% to 35% for cannabis and hemp business license applications
  • Individuals owning 35% or less of a business entity are no longer subject to the restriction limiting them to one application per license type
  • Individuals owning 35% or less of a business entity are exempt from the general prohibition on holding more than one cannabis/hemp license
  • Amends Minnesota Statutes 2024, section 342.185, subdivisions 2 and 3

Legislative Description

True party of interest standard for cannabis business and hemp business licenses modified.

Last Action

Author added Allen

3/5/2026

Committee Referrals

Commerce Finance & Policy2/25/2026

Full Bill Text

No bill text available