Enacts the "hemp beverage and taxation act" to regulate cannabinoid hemp beverages.

The bill enacts the "hemp beverage and taxation act," which defines "cannabinoid hemp beverage" as a hemp-derived liquid for human consumption with a THC concentration limit. It prohibits selling these beverages to individuals under 21 and mandates specific labeling and packaging requirements. The bill also imposes advertising restrictions, a tax on cannabinoid hemp products, and outlines penalties for underage purchases and fraudulent age verification. Revenues from the tax are directed to the cannabis revenue fund.

Enacts the "hemp beverage and taxation act" to regulate cannabinoid hemp beverages.

The bill enacts the "hemp beverage and taxation act," which defines "cannabinoid hemp beverage" as a hemp-derived liquid for human consumption with a THC concentration limit. It prohibits selling these beverages to individuals under 21 and mandates specific labeling and packaging requirements. The bill also imposes advertising restrictions, a tax on cannabinoid hemp products, and outlines penalties for underage purchases and fraudulent age verification. Revenues from the tax are directed to the cannabis revenue fund.