Archive

How to Buy or Sell a Cannabis License in Minnesota’s Adult-Use Market: M&A Guide (2025)

By Jason Tarasek, Charles Alovisetti, Jack Crain
Jul 18, 2025

Minnesota’s adult-use cannabis program is officially underway, and the state’s M&A activity is heating up. This blog outlines key licensing trends, including microbusiness and mezzobusiness activity, valuation ranges, and social equity program requirements. It also breaks down the Minnesota Office of Cannabis Management’s (OCM) new guidance on ownership transfers. Whether you’re looking to buy, sell, or invest in a cannabis license, this resource highlights what you need to know to structure a compliant deal in the North Star State.

Vicente LLP to Speak at 2025 Cannabis Law Conference in Minneapolis

Jul 15, 2025

Vicente LLP partner Jason Tarasek and director of regulatory compliance Genevieve Meehan will speak at the 2025 Cannabis Law Conference. The event will bring together legal professionals, industry leaders and policymakers to discuss the future of cannabis in the state and beyond. Be sure to join!

Minnesota Hemp-Derived Cannabinoid Product Registration Now Open Through August 31, 2025

By Meg Nash
Jun 16, 2025

The Minnesota Office of Cannabis Management (OCM) has opened a new registration window for businesses selling hemp-derived cannabinoid products (HDCPs), including THC beverages. Businesses must register by August 31, 2025, to remain eligible for fall licensing and summer sales. Starting October 1, OCM will accept applications for Lower Potency Hemp Edible (LPHE) licenses for retailers, manufacturers, and the newly established wholesaler category. This blog outlines the state’s updated rules on potency, packaging, facility standards, onsite consumption, events, and delivery services.

Minnesota Draft Cannabis Rules Provide Clarity on Licensed Cannabis Business Operations

By Jason Tarasek, Colleen Mitchell
Jan 23, 2025

The Minnesota Office of Cannabis Management (OCM) recently proposed draft rules to clarify key operational requirements for cannabis businesses, including co-location policies, THC concentrate limits, cultivation canopy measurements, production capacities, and delivery regulations. Make your voices heard! The public comment submission period is open until Wednesday, February 12.

Hemp-Derived Cannabinoid Markets: Using Tax Data to Assess Growth in Louisiana, Minnesota and Tennessee

By Andrew Livingston
Jan 22, 2025

Now that many states have regulated cannabinoid hemp alongside medical and adult-use marijuana, hemp cannabinoid market growth trends can be analyzed using comprehensive data, including monthly tax data from product sales. In this article, we analyze market trends in Minnesota, Louisiana and Tennessee using hemp-derived cannabinoid product sales tax data reported by the states.

Connect with Vicente LLP at the Hemp Beverage Conference and Festival in Minneapolis!

Jun 3, 2024

Join Vicente LLP in Minneapolis, Minnesota on June 7-8 for the inaugural Hemp Beverage Conference and Festival, hosted by the Hemp Beverage Alliance! Partner Michelle Bodian will participate in a panel offering state updates on hemp regulations, the farm bill and more at the conference. The festival will be held the following day, and Vicente attorneys Jason Tarasek and Michelle Bodian will attend. Schedule a meeting with us!

Vicente LLP Heads to Minneapolis for CANNRA 2024 External Stakeholder Meeting

May 16, 2024

Will you be in Minneapolis for the CANNRA 2024 External Stakeholder Meeting? Several members of the Vicente LLP team will be in attendance! Senior associate Jason Adelstone will discuss international considerations during the closing plenary on June 5, and partners Adam Fine and Michelle Bodian, director of regulatory policy Jen Flanagan, and counsel Jason Tarasek will also be in attendance!

[Vicente LLP Event] Minnesota Hemp & Cannabis Seminar

Sep 18, 2023

Join the Vicente LLP team in Minneapolis for another can’t-miss hemp and cannabis legal and business seminar on October 19, 2023. The event will feature Vicente LLP hemp and cannabis business attorneys Michelle Bodian, Travis Copenhaver, Jeremy Shaw and Jason Tarasek, along with special guests Sen. Lindsey Port and cannabis accountant Angela L’Esperance of Ms. Jane Accounting.

Minnesota Cannabis Market Projections

By Travis Copenhaver
Jun 22, 2023

While the state of Minnesota's study on the expected size and growth of the state's cannabis industry will not be complete until January 15, 2025, Vicente LLP's Economics & Research Department recently made some general predictions about the market. Read this Insights article to dive into the numbers.