MS HB1201

Authorizes growing, handling, and commerce of industrial hemp in Mississippi as an agricultural product regulated by the Department of Agriculture and Commerce.

Requires all growers and handlers to obtain an industrial hemp license, with growers needing a minimum 2.5-acre crop and applicants providing GPS coordinates, legal property descriptions, and other information specified by the department.

Establishes 3-year license terms that are nontransferable, allows growers to retain seeds for future planting without a permit, and requires record-keeping with department inspection rights upon 3 days' notice.

Permits department to sample crops during growth and seize any crop exceeding 0.3% tetrahydrocannabinol concentration on dry weight basis, with civil penalties capped at $2,500 for violations.

Charges growers and handlers reasonable fees determined by the department, with revenue continuously appropriated for administering the industrial hemp program.