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HF3681 • 2026

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

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

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
West, Allen
Last action
2026-03-05
Official status
Author added Allen
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

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

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

What This Bill Does

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

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-05 House

    Author added Allen

  2. 2026-02-25 House

    Introduction and first reading, referred to Commerce Finance and Policy

Official Summary Text

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

Current Bill Text

Read the full stored bill text 
A bill for an act

relating to cannabis; modifying the true party of interest standard for cannabis

business and hemp business licenses; amending Minnesota Statutes 2024, section

342.185, subdivisions 2, 3.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 342.185, subdivision 2, is amended to read:

Subd. 2.

Application number limitations.

An individual may not be a true party of

interest for more than one application for (1) any single type of license, or (2) multiple types

of licenses if the individual would be prohibited from holding the licenses under section

342.18, subdivision 2
. The limitation does not apply to an individual who holds no more

than
deleted text begin
ten
deleted text end
new text begin
35
new text end
percent ownership of the business entity.

Sec. 2.

Minnesota Statutes 2024, section 342.185, subdivision 3, is amended to read:

Subd. 3.

License number limitations.

An individual may not be a true party of interest

for more than one license unless explicitly allowed by this chapter. The limitation does not

apply to an individual who holds
deleted text begin
ten
deleted text end
new text begin
35
new text end
percent or less controlling ownership of the business

entity.