The Minnesota Office of Cannabis Management (“OCM”) conducted its license lottery for social equity applicants on June 5, 2025. Lottery winners received preliminary approval and must secure a business location and, in many...more
7/11/2025
/ Business Ownership ,
Cannabis-Related Businesses (CRBs) ,
Capital Raising ,
Financing ,
Investment ,
Investment Funds ,
Licensing Rules ,
Regulatory Requirements ,
SAFE ,
Securities Regulation ,
Social Equity Programs ,
Startups ,
State and Local Government ,
Venture Capital
On the heels of the 2018 Farm Bill, some states have opted to regulate hemp-derived cannabinoid consumer products. One of the early movers in this area is the State of Minnesota. The regulations in Minnesota for hemp-derived...more
Minnesota Adult Use Cannabis Update -
We assisted multiple clients in completing and submitting their adult-use cannabis license applications to the Office of Cannabis Management (“OCM”), and we continue to monitor how and...more
5/27/2025
/ Agribusiness ,
Business Licenses ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Government Agencies ,
Licensing Rules ,
Lottery ,
Marijuana ,
New Legislation ,
New Regulations ,
Proposed Legislation ,
Regulatory Requirements ,
Retail Market ,
Sales Tax ,
State and Local Government ,
State Taxes ,
Tax Revenues