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Minnesota Cannabis Opportunities

The Governor of Minnesota signed twin bills, H.F. 100 and S.F 73, into law in May 2023. The bills will legalize and regulate the adult-use marijuana market. A newly formed Office of Cannabis Management will be tasked to regulate and license cannabis businesses. 

The new adult-use bill referenced above also creates three new license types for medical marijuana businesses including medical cannabis cultivators, medical cannabis processors, and medical cannabis retailers.

Marijuana Program Timeline

  • 2014 – Minnesota legalized medical cannabis
  • 2015 – First Minnesota cannabis businesses opened and medical cannabis sales began
  • May 2023 – Minnesota legalizes adults use cannabis
  • January 2024 – Legalization legislation goes into effect
  • By July 2025 – Committee must develop and adopt adult use rulemaking for program

Want to learn more? Visit the CB Advisor’s state page for more information!

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