AN ACT to amend Tennessee Code Annotated, Title 57, relative to hemp derived cannabinoid products.
Impact
The bill intends to enhance the regulatory framework surrounding the sale and distribution of hemp-derived products in Tennessee. It grants licensed retailers the ability to provide consulting services related to HDCP, further legitimizing and expanding their business capabilities. The regulatory amendments also introduce requirements for delivery services, including background checks for delivery personnel and licensing protocols, which could improve accountability in the delivery of potentially restricted products.
Summary
Senate Bill 2266 proposes amendments to Tennessee Code Annotated, Title 57, focusing specifically on hemp-derived cannabinoid products (HDCP). One of the key changes includes a reduction in the taxation from two cents to one cent per milligram of HDCP. This alteration aims to make hemp products more affordable for consumers, potentially increasing market demand. Additionally, the bill outlines regulations surrounding the delivery of these products, requiring licensed retailers to follow specific protocols during consumer deliveries to ensure compliance with age verification and record-keeping requirements.
Contention
While supporters of the bill argue that these amendments promote responsible retail practices and facilitate consumer access to hemp products, there is concern among some stakeholders regarding the potential implications for local control over cannabis marketing and distribution. Critics might argue that allowing broader delivery options could lead to increased accessibility for underage consumers if not regulated stringently. Furthermore, establishing a licensing fee structure for delivery services may create financial barriers for smaller operators in the hemp industry.
AN ACT to amend Tennessee Code Annotated, Title 39; Title 40; Title 43, Chapter 27; Title 53, Chapter 11; Title 57 and Title 67, relative to the regulation of hemp-derived cannabinoid products.
AN ACT to amend Tennessee Code Annotated, Title 39; Title 40; Title 43, Chapter 27; Title 53, Chapter 11; Title 57 and Title 67, relative to the regulation of hemp-derived cannabinoid products.
AN ACT to create and enact section 19-24.1-24.1 and a new subsection to section 19-24.1-36 of the North Dakota Century Code, relating to regulating edible medical marijuana products; and to amend and reenact section 19-24.1-01 of the North Dakota Century Code, relating to definitions of medical marijuana products.