Agenda - Council Work Session - 04/11/2023

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HF100 NINTH ENGROSSMENT REVISOR BD 1-10100-9 54.1 the requirements of this chapter or that the operation of the business poses an immediate 54.2 threat to the health or safety of the public, the local unit of government may suspend the 54.3 retail registration of the cannabis business or hemp business. The local unit of government 54.4 must immediately notify the office of the suspension and shall include a description of the 54.5 grounds for the suspension. 54.6 (b) The office shall review the retail registration suspension and may order reinstatement 54.7 of the retail registration or take any action described in section 342.19 or 342.21. 54.8 (c) The retail registration suspension must be for up to 30 days unless the office suspends 54.9 the license and oneratinil brivileae of the cannabis business or hemD business for a longer 54.10 period or revokes the license. 54.11 (d) The local unit of government may reinstate the retail registration if the local unit of 54.12 government determines that anv violation has been cured. The local unit of government 54.13 must reinstate the retail registration if the office orders reinstatement. 54.14 (e) No cannabis microbusiness with a retail operations endorsement, cannabis 54.15 mezzobusiness with a retail operations endorsement, cannabis retailer, medical cannabis 54.16 retailer, or lower -potency hemp edible retailer may make any sale to a customer or patient 54.17 without a valid retail registration. A local unit of government may impose a civil penalty 54.18 of up to $2,000 for each violation of this paragraph. 54.19 Sec. 23. [342.23] CANNABIS BUSINESSES AND HEMP BUSINESSES; GENERAL 54.20 OPERATIONAL REQUIREMENTS. 54.21 Subdivision 1. Records. (a) Cannabis businesses and hemp businesses must retain 54.22 financial records for the current and brevious tax vears at the brimary business location and 54.23 must make those records available for inspection by the office at anv time during regular 54.24 business hours. 54.25 (b) When applicable, a cannabis business or hemp business must maintain financial 54.26 records for the previous ten tax years and must make those records available for inspection 54.27 within one business day of receiving a request for insDection by the office. 54.28 (c) The office may require a cannabis business or he business to submit to an audit 54.29 of its business records. The office may select or approve the auditor and the cannabis business 54.30 or he business must provide the auditor with access to all business records. The cost of 54.31 the audit must be Daid by the cannabis business or hemb business. 54.32 Subd. 2. Disposal; loss documentation. (a) Cannabis businesses and hemp businesses 54.33 must dispose of cannabis plants, cannabis flower, cannabis products, artificially derived Article 1 Sec. 23. 54