Cannabis and hemp businesses in Minnesota are bracing for new rules that could reshape the industry, sparking debate among business owners, lawmakers and tribal leaders. Lawmakers are looking at proposals that would make it easier for businesses to operate across medical, recreational, and hemp markets.
Part of the stated goal is to increase cannabis cultivation in Minnesota, addressing supply shortages that can lead to higher prices. Some business owners, like Minny Grown in Cannon Falls, have already invested heavily in transitioning from hemp to adult-use cannabis.
"We've gone out and made our investments to operate under the structure we've been looking at for the last year and a half," said Zach Rohr, Minny Grown owner. There's a push to streamline medical and adult-use cultivation and production, but some see this as giving an edge to established medical cannabis companies.
The Minnesota Office of Cannabis Management (OCM) estimates the market can support up to 2 million square feet of cannabis crops, but right now, there's no more than 400,000 – with medical cannabis companies owning at least 30% of them.
Read more at Yahoo! News
