Modifies cannabis tax revenue distribution and establishes a youth grant program for positive youth development.

The bill modifies the use of proceeds from the cannabis gross receipts tax in Minnesota. It allocates 80% of the tax revenue to the general fund and 20% to the local government cannabis aid account. Additionally, the bill establishes a cannabis youth grant program to award grants to programs promoting positive youth development, self-sufficiency, and health. The grants aim to build financial management, employment, and entrepreneurship skills, improve mental health, prevent early substance use, and enhance community engagement and leadership.

Modifies cannabis tax revenue distribution and establishes a youth grant program for positive youth development.

The bill modifies the use of proceeds from the cannabis gross receipts tax in Minnesota. It allocates 80% of the tax revenue to the general fund and 20% to the local government cannabis aid account. Additionally, the bill establishes a cannabis youth grant program to award grants to programs promoting positive youth development, self-sufficiency, and health. The grants aim to build financial management, employment, and entrepreneurship skills, improve mental health, prevent early substance use, and enhance community engagement and leadership.