The Minnesota Legislature's Conference Committee on S.F. 2370 convened on May 16, 2025, to discuss critical issues surrounding the state's cannabis omnibus bill. Key stakeholders, including business owners and policy advocates, voiced concerns about the current regulatory environment for hemp and cannabis businesses in Minnesota.

During the meeting, participants highlighted significant challenges faced by small hemp businesses, which are struggling under a regulatory framework perceived as favoring larger corporations, particularly those in the liquor industry. One advocate emphasized that the current licensing system fails to recognize the needs of small operators, stating, "It's not just beer and liquor wholesalers; it's small hemp businesses serving wellness-focused consumers." This sentiment was echoed by Michael Golick, a veteran and owner of a wellness-focused company, who criticized the imposition of high fees and confusing regulations that threaten the viability of small businesses.

Concerns were raised about the impact of proposed tax increases on hemp and cannabis products, which could rise by 50%. Advocates argued that such measures would further limit access for medical patients and undermine the social equity goals initially promised by the legislation. Golick pointed out that local governments are often left confused about how to support these businesses, leading to inconsistent zoning practices that can effectively ban hemp operations from certain areas.

The meeting underscored a growing frustration among small business owners who feel that the legislative framework is moving away from its original intent to support local entrepreneurs and wellness initiatives. As the discussion concluded, participants called for a reevaluation of the current policies to ensure that small businesses can thrive in a competitive market.

The outcomes of this meeting could have significant implications for the future of cannabis regulation in Minnesota, as stakeholders continue to advocate for a system that prioritizes small business sustainability and equitable access to the market.