This guide is designed to give operators, investors, and business owners a clear, working understanding of what changes are permitted, when prior approval is required, and what steps must be taken to remain compliant under Minnesota law. Minnesota’s adult-use cannabis market allows ownership changes, but only if they are structured correctly and timed carefully. The Minnesota Office of Cannabis Management (OCM) has been explicit: licenses may be transferred, applications may

It  is entirely possible that some state-licensed cannabis companies ultimately find themselves on the wrong side of this transition, depending on how Schedule III rules are applied and whether meaningful carve-outs exist. There has been a lot of excitement following the executive order directing the Department of Justice and the DEA to continue the process of rescheduling marijuana. Some of that optimism is understandable. If marijuana is ultimately moved to Schedule III, t