Minnesota 2025-2026 Regular Session

Minnesota House Bill HF1734 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1.1 A bill for an act
2	2	1.2 relating to commerce; modifying cannabis license application requirements;
3	3	1.3 amending Minnesota Statutes 2024, section 342.14, subdivision 1.
4	4	1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
5	5	1.5 Section 1. Minnesota Statutes 2024, section 342.14, subdivision 1, is amended to read:
6	6	1.6 Subdivision 1.Application; contents.(a) The office shall establish procedures for the
7	7	1.7processing of cannabis licenses issued under this chapter. At a minimum, any application
8	8	1.8to obtain or renew a cannabis license shall include the following information, if applicable:
9	9	1.9 (1) the name, address, and date of birth of the applicant;
10	10	1.10 (2) the disclosure of ownership and control required under paragraph (b);
11	11	1.11 (3) the disclosure of whether the applicant or, if the applicant is a business, any officer,
12	12	1.12director, manager, and general partner of the business has ever filed for bankruptcy;
13	13	1.13 (4) the address and legal property description of the business, if applicable, except an
14	14	1.14applicant is not required to secure a physical premises for the business at the time of
15	15	1.15application;
16	16	1.16 (5) a general description of the location or locations that the applicant plans to operate,
17	17	1.17including the planned square feet of space for cultivation, wholesaling, and retailing, as
18	18	1.18applicable;
19	19	1.19 (6) a copy of the security plan, including security monitoring, security equipment, and
20	20	1.20facility maps if applicable, except an applicant is not required to secure a physical premises
21	21	1.21for the business at the time of application;
22	22	1Section 1.
23	23	REVISOR EB/EE 25-0028412/06/24
24	24	State of Minnesota
25	25	This Document can be made available
26	26	in alternative formats upon request
27	27	HOUSE OF REPRESENTATIVES
28	28	H. F. No. 1734
29	29	NINETY-FOURTH SESSION 2.1 (7) proof of trade name registration;
30	30	2.2 (8) a copy of the applicant's business plan showing the expected size of the business;
31	31	2.3anticipated growth; the methods of record keeping; the knowledge and experience of the
32	32	2.4applicant and any officer, director, manager, and general partner of the business; the
33	33	2.5environmental plan; and other relevant financial and operational components;
34	34	2.6 (9) standard operating procedures for:
35	35	2.7 (i) quality assurance;
36	36	2.8 (ii) inventory control, storage, and diversion prevention; and
37	37	2.9 (iii) accounting and tax compliance;
38	38	2.10 (10) an attestation signed by a bona fide labor organization stating that the applicant has
39	39	2.11entered into a labor peace agreement;
40	40	2.12 (11) a description of any training and education that the applicant will provide to
41	41	2.13employees of the business;
42	42	2.14 (12) a disclosure of any violation of a license agreement or a federal, state, or local law
43	43	2.15or regulation committed by the applicant or any true party of interest in the applicant's
44	44	2.16business that is relevant to business and working conditions;
45	45	2.17 (13) certification that the applicant will comply with the requirements of this chapter;
46	46	2.18 (14) identification of one or more controlling persons or managerial employees as agents
47	47	2.19who shall be responsible for dealing with the office on all matters;
48	48	2.20 (15) a statement that the applicant agrees to respond to the office's supplemental requests
49	49	2.21for information; and
50	50	2.22 (16) a release of information for the applicant and every true party of interest in the
51	51	2.23applicant's business license for the office to perform the background checks required under
52	52	2.24section 342.15.;
53	53	2.25 (17) proof that the applicant is a social equity applicant; and
54	54	2.26 (18) an attestation that the applicant's business policies governing business operations
55	55	2.27comply with this chapter.
56	56	2.28 (b) An applicant must file and update as necessary a disclosure of ownership and control
57	57	2.29identifying any true party of interest as defined in section 342.185, subdivision 1, paragraph
58	58	2.30(g). The office shall establish the contents of the disclosure. Except as provided in paragraph
59	59	2.31(f) (d), the disclosure shall, at a minimum, include the following:
60	60	2Section 1.
61	61	REVISOR EB/EE 25-0028412/06/24 3.1 (1) the management structure, ownership, and control of the applicant or license holder,
62	62	3.2including the name of each cooperative member, officer, director, manager, general partner,
63	63	3.3or business entity; the office or position held by each person; each person's percentage
64	64	3.4ownership interest, if any; and, if the business has a parent company, the name of each
65	65	3.5owner, board member, and officer of the parent company and the owner's, board member's,
66	66	3.6or officer's percentage ownership interest in the parent company and the cannabis business;
67	67	3.7 (2) a statement from the applicant and, if the applicant is a business, from every officer,
68	68	3.8director, manager, and general partner of the business, indicating whether that person has
69	69	3.9previously held, or currently holds, an ownership interest in a cannabis business in Minnesota,
70	70	3.10any other state or territory of the United States, or any other country;
71	71	3.11 (3) if the applicant is a corporation, copies of the applicant's articles of incorporation
72	72	3.12and bylaws and any amendments to the applicant's articles of incorporation or bylaws;
73	73	3.13 (4) copies of any partnership agreement, operating agreement, or shareholder agreement;
74	74	3.14 (5) copies of any promissory notes, security instruments, or other similar agreements;
75	75	3.15 (6) an explanation detailing the funding sources used to finance the business;
76	76	3.16 (7) a list of operating and investment accounts for the business, including any applicable
77	77	3.17financial institution and account number; and
78	78	3.18 (8) a list of each outstanding loan and financial obligation obtained for use in the business,
79	79	3.19including the loan amount, loan terms, and name and address of the creditor.
80	80	3.20 (c) An application may include:
81	81	3.21 (1) proof that the applicant is a social equity applicant;
82	82	3.22 (2) a description of the training and education that will be provided to any employee;
83	83	3.23or
84	84	3.24 (3) a copy of business policies governing operations to ensure compliance with this
85	85	3.25chapter.
86	86	3.26 (d) (c) Commitments made by an applicant in its application, including but not limited
87	87	3.27to the maintenance of a labor peace agreement, shall be an ongoing material condition of
88	88	3.28maintaining and renewing the license.
89	89	3.29 (e) An application on behalf of a corporation or association shall be signed by at least
90	90	3.30two officers or managing agents of that entity.
91	91	3Section 1.
92	92	REVISOR EB/EE 25-0028412/06/24 4.1 (f) (d) The office may establish exceptions to the disclosures required under paragraph
93	93	4.2(b) for members of a cooperative who hold less than a five percent ownership interest in
94	94	4.3the cooperative.
95	95	4Section 1.
96	96	REVISOR EB/EE 25-0028412/06/24