MN HF4199

Replaces the term "licensee" with "license holder" throughout cannabis licensing statutes for consistency in terminology

Establishes that qualified applicant status expires after six months, with applications submitted before June 1, 2026 expiring on January 1, 2027

Removes the National Labor Relations Board from the list of agencies whose confirmed willful labor violations disqualify applicants from holding a cannabis license

Clarifies that cannabis and hemp businesses may engage in good faith transactions for the sale of goods at fair market value, and reorganizes existing exceptions to financial relationship prohibitions between businesses

Repeals Minnesota Statutes section 151.72 regarding the sale of certain cannabinoid products, which previously established definitions, testing requirements, labeling requirements, registration requirements, age verification, and criminal penalties for hemp-derived cannabinoid products