MN Cannabis Hub Podcast

Minnesota's 2026 Cannabis Omnibus Bill takes effect August 1, merging medical and adult-use supply chains. Plus: OCM's license cap review is live, the petition window closes July 31, and new dispensaries are opening in Winona and Anoka.

Show Notes

Minnesota cannabis is moving fast this summer — OCM's license cap review is underway, the 2026 Cannabis Omnibus Bill takes effect August 1, and new dispensaries are opening across the state.

  • OCM License Cap Review: July 1, 2026 triggered OCM's statutory reassessment of cultivator, manufacturer, retailer, and mezzobusiness license caps — no changes are guaranteed, but the review is real and ongoing.
  • OCM Petition Period Closes July 31 at 4 p.m.: Anyone — patients, companies, researchers — can petition OCM to add new medical cannabis products, product categories, delivery methods, or to declare a cannabinoid nonintoxicating.
  • 2026 Cannabis Omnibus Bill (Gov. Walz, May 26): Sponsored by Rep. Jessica Hanson (DFL–Burnsville), the bill merges medical and adult-use supply chains on August 1, allowing one operator to serve both patients and adult-use customers.
  • Hemp + Cannabis Dual Licensing: Starting August 1, hemp businesses can hold cannabis licenses without divesting — a major shift for the THC beverage sector.
  • New Dispensaries: Winona opened its first dispensary at 173 East Second Street (July 2026); Anoka launched Minnesota's first city-owned dispensary in February 2026; Osseo's municipal dispensary (former Press & News building) targets a Nov/Dec 2026 opening.
  • Social Equity Caps Under Review: Pre-July SEA caps stood at 25 cultivator, 12 manufacturer, 75 retailer, and 50 mezzobusiness licenses — half of all capped licenses remain reserved for verified social equity applicants.
  • Myrcene 101: The most common terpene in cannabis, myrcene is linked to analgesic, anti-inflammatory, and sedative effects in peer-reviewed research — check your COA for myrcene % and ditch the outdated indica/sativa labels.
  • Legacy Cup Year 6: Minnesota's largest cannabis festival returns to Surly Brewing's Festival Field in Minneapolis, featuring hemp-derived THC beverages and live music.
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Full transcript

Will: —and that's the thing, Matilda, like, July hits and suddenly everybody's a policy expert. My group chat is UNHINGED right now.
Matilda: Oh I bet. Because of the license cap review?
Will: Because of the license cap review. July 1 was the trigger date, right? That's when OCM is officially supposed to sit down and go, okay, are these caps actually matching what the market needs.
Matilda: Right, and people hear "review" and immediately assume it means more licenses tomorrow.
Will: Exactly. Ope, slow down there, buddy.
Matilda: It's a review. It's not a giveaway.
Will: It's a review. But it IS a real moment. Like, this is the first time the state has to actually look at the caps and say, is 75 retailers on the social equity side the right number? Is 25 cultivators the right number?
Matilda: Wait, so those are the pre-July numbers you're talking about?
Will: Those are the pre-July SEA caps. 25 cultivator, 12 manufacturer, 75 retailer, 50 mezzobusiness. Half of everything reserved for verified social equity applicants.
Matilda: And that's what's being re-evaluated. Not thrown out, re-evaluated.
Will: Correct. And I want to say this plainly because I think people get confused — the social equity structure isn't going anywhere. That's baked in. What's being looked at is the SIZE of the pie.
Matilda: Okay. Because I've seen people online swearing the caps are getting doubled next month and I'm like... where are you getting that.
Will: The internet, Matilda. The internet is getting that.
Matilda: Fair.
Will: I don't actually know what OCM is gonna land on. I want to be honest about that. Could be modest bumps, could be a bigger rethink, could be "yeah these numbers are fine, next."
Matilda: See, that's the part I appreciate. Because everybody wants to talk like they've got the inside line.
Will: I don't got the inside line. I've got the same FAQ page you've got.
Matilda: Which, hey, mn.gov/ocm/faq — it's actually readable. Which for a government site is a minor miracle.
Will: It's shockingly readable. You betcha.
Matilda: Okay, one you-betcha per episode, that's the rule.
Will: That's the rule. But while we're on OCM — the petition window. This is the part I don't think enough people know about.
Matilda: Oh, tell them.
Will: So OCM has an annual petition period. It's open right now, and it closes at 4 p.m. on July 31.
Matilda: 4 p.m. Not end of day. 4 p.m.
Will: 4 p.m. sharp. Government hours, doncha know.
Will: And what you can petition for is genuinely broad. New medical cannabis products. New product categories. New delivery methods. Or — and this is the interesting one — you can petition to declare a specific cannabinoid nonintoxicating.
Matilda: Wait, hold on. Anybody can file that?
Will: Anybody. You, me, a patient, a company, a researcher.
Matilda: That's actually kind of wild. Because I always assumed that stuff was, like, industry-only.
Will: Nope. It's a public process. Which means if there's a delivery method that isn't currently on the medical side and you think it should be, you have until July 31 to say something.
Matilda: Okay, that's genuinely useful information. That's the kind of thing that never makes it into a headline.
Will: Never. Because "annual petition period opens" is not clickbait.
Matilda: It really isn't.
Will: But it matters. Especially for patients — like, if there's a form of medicine that would actually help you and it's not available, you have a lane.
Matilda: Okay so noted. July 31, 4 p.m., go say your piece.
Will: Go say your piece. Alright, can we talk about the omnibus bill?
Matilda: Please. Because this is the thing that I keep having to re-explain to my mom.
Will: What is your mom asking about?
Matilda: She's asking, "so now the medical dispensaries are just regular dispensaries?" And I'm like... kind of? Not exactly? Let me get back to you?
Will: Okay so let's actually walk through it. Governor Walz signed the 2026 Cannabis Omnibus Bill on May 26.
Matilda: Late May. Right before we're recording this now.
Will: Right. Sponsored on the House side by Rep. Jessica Hanson out of Burnsville.
Matilda: Burnsville represent.
Will: Burnsville in the building. And the big stuff hits August 1.
Matilda: Which is like a week from now.
Will: Which is like a week from now, yeah. So this is imminent.
Matilda: Okay so what actually changes on August 1?
Will: Three big things. One — the medical and adult-use supply chains merge. So one operator can serve BOTH patients and adult-use customers.
Matilda: Which historically they couldn't.
Will: Historically they couldn't. It was two separate lanes.
Matilda: And this is the part my mom was asking about. Because she's a patient.
Will: Right. And I want to be clear — patient protections aren't going away. The program's not going away. What's changing is the business structure behind it.
Matilda: Okay so as a patient she should notice... what exactly?
Will: Honestly? Probably more selection over time, and possibly some familiar faces behind the counter at places that used to be adult-use only.
Matilda: Okay. That tracks.
Will: Second thing — hemp businesses can now hold cannabis licenses without divesting.
Matilda: Oh, that's a big deal.
Will: HUGE deal. Because before, if you were running a hemp-derived THC beverage business — think your Stigma type of operations —
Matilda: Stigma THC Beverages, yeah.
Will: — you were kinda boxed in. You couldn't just also get a cannabis license without unwinding stuff.
Matilda: And now you can hold both.
Will: Now you can hold both. Which is going to reshape the beverage side of this market in particular.
Matilda: Okay wait, push back. Isn't that going to just let the biggest hemp beverage players scoop up everything?
Will: That's a fair pushback. And I don't have a clean answer for you. Because yes, the players with capital move first.
Matilda: Right.
Will: But the social equity structure is still sitting on top of half the licenses. So it's not a free-for-all.
Matilda: Okay. So there's a floor, but there's real consolidation risk.
Will: There's real consolidation risk. I'm not gonna pretend otherwise.
Matilda: Appreciate that.
Will: Third thing — and this one is fun — large-format hemp beverages become legal.
Matilda: Wait, define large-format.
Will: 750 milliliters or bigger, at least 17 servings, child-resistant, resealable.
Matilda: A BOTTLE. Like a wine bottle.
Will: Like a wine bottle. Or bigger.
Matilda: Okay that changes the vibe of a dinner party.
Will: It really does. Because up until now the beverage stuff has been single-serve cans, right? Grab a can, sip a can, done.
Matilda: Yeah, everything's been portioned.
Will: Now you can literally pour a glass for the table.
Matilda: Okay hold on though — that also raises the stakes on the education side. Because a can, you know what you drank. A bottle, you're pouring.
Will: You are exactly right. And this is where I want to say — read the label. Every time.
Matilda: Every single time.
Will: Because 17 servings in one bottle means the per-serving dose matters more than ever. And you've got to actually MEASURE.
Matilda: Right, because everyone's known for perfectly measuring their wine pours.
Will: Matilda.
Matilda: I'm just saying!
Will: You're not wrong. So maybe get one of those little jiggers.
Matilda: A jigger for your THC drink. Okay.
Will: Or just, you know — start low, sit with it, don't chase the buzz.
Matilda: That is the actual advice. Start low, sit with it, don't chase.
Will: Don't chase.
Matilda: Okay, one more thing on the bill. There's a new license tier coming January 1?
Will: Yes. Macrobusiness license.
Matilda: Macrobusiness.
Will: Launches January 1, 2027. And this basically replaces the medical combination license that Green Thumb Industries and Vireo Health have been holding.
Matilda: So the big multi-state operators get their own lane.
Will: Their own lane. Which — again — is a consolidation conversation. But it also formalizes it instead of leaving it in a weird gray area.
Matilda: Okay. Structural clarity. I'll take structural clarity.
Will: Structural clarity is the phrase of the day.
Matilda: Alright, can we do storefronts? Because I feel like every week there's a new one.
Will: There is a new one every week. Let's start with Winona.
Matilda: Winona got their first dispensary!
Will: Just opened. 173 East Second Street. Reported July 18.
Matilda: That's like a week ago.
Will: A week ago. Winona's first EVER dispensary. That's a moment for that town.
Matilda: That IS a moment. Because Winona has been waiting.
Will: Been waiting a long time.
Matilda: What's the vibe down there? Have you been?
Will: I have not been. I'm not gonna lie to you, Matilda. I have not driven to Winona this week.
Matilda: Okay honesty hour.
Will: Honesty hour. But if any listeners in Winona have been in — hit us up. We want to hear.
Matilda: mncannabishub.com, the contact form is right there.
Will: Right there. Okay, next one — this one I find genuinely fascinating. Anoka.
Matilda: The city-owned one.
Will: Minnesota's first MUNICIPAL cannabis dispensary. Opened February 6.
Matilda: The city runs it.
Will: The city runs it. Which is one of the very few government-run cannabis stores in the entire country.
Matilda: Okay, why did they do that? Do we know?
Will: The framing was basically — if this is going to be a big revenue and public-health question in our town, we want the city itself to have skin in the game.
Matilda: Instead of just permitting a private operator and hoping.
Will: Instead of just permitting and hoping.
Matilda: I don't know how I feel about that.
Will: Tell me.
Matilda: I mean — on one hand, the city has an incentive to run it responsibly.
Will: Right.
Matilda: On the other hand, is the city really the vibe I want when I'm buying weed?
Will: That's the question.
Matilda: Like, I don't want my dispensary to feel like the DMV.
Will: The cannabis DMV.
Matilda: Take a number, please.
Will: Ope, now serving A-47.
Matilda: Uff da.
Will: But listen, from what I've heard the Anoka store is actually running fine. So we'll see.
Matilda: And Osseo is doing the same thing?
Will: Osseo Press Room Dispensary. Also city-owned. Going into the former Osseo Press and News building.
Matilda: Oh that's a great reuse of a building.
Will: It's a great reuse. They're partnering with Voyageur Cannabis Services on the actual operations.
Matilda: So the city owns it, Voyageur runs the day-to-day.
Will: That's my read. And they were supposed to be open earlier but demolition ran long, so they're now targeting November or December.
Matilda: Late 2026. Okay.
Will: Late 2026. Which — construction delays, welcome to Minnesota.
Matilda: Yeah, that's not a cannabis story, that's a Minnesota story.
Will: That's a Minnesota story. Have you tried building anything in this state? Ope, permits.
Matilda: Permits, weather, spendy contractors —
Will: Spendy contractors!
Matilda: There it is.
Will: Okay, before we lose the thread — can we talk about the social equity licensing status for a sec?
Matilda: Yes. Because I feel like this got a big rollout and then went quiet.
Will: It didn't go quiet. It's just been running.
Matilda: Okay walk me through where it's at.
Will: So the structure — half of the state's capped licenses are reserved for verified social equity applicants. That's across cultivator, manufacturer, retailer, and mezzobusiness.
Matilda: And the lotteries happen in two rounds.
Will: Two rounds. SEA-only first — social equity applicants only. Then general.
Matilda: SEA gets first crack.
Will: SEA gets first crack. Which is a real, tangible advantage.
Matilda: And those caps I mentioned earlier — 25, 12, 75, 50 —
Will: Those are the SEA-side ceilings that were in place going into July. And those are exactly what OCM is now reviewing.
Matilda: Wait — hold on. Push back number two.
Will: Go.
Matilda: If they raise the general caps but not the SEA caps, doesn't that dilute the whole social equity advantage?
Will: Yes. That's a real risk.
Matilda: So the review isn't just a numbers thing, it's a values thing.
Will: It's a values thing. And I would tell anybody who cares about how this market shakes out — pay attention to the RATIOS, not just the totals.
Matilda: The ratios. Yes.
Will: If SEA is still 50% of the total, we're good. If it starts sliding to 40, 35 — that's a signal.
Matilda: Okay. Ratios not totals. Noted.
Will: Alright, can I nerd out for a minute?
Matilda: Please. This is the terpene segment, isn't it.
Will: This is the terpene segment. Consumer education corner.
Matilda: Okay hit me.
Will: Myrcene.
Matilda: Myrcene.
Will: Beta-myrcene, technically. It's the most abundant terpene in most cannabis chemovars.
Matilda: Most cannabis. Okay.
Will: And here's the fun part — it's also in mangoes, hops, thyme, lemongrass.
Matilda: Wait, hops. Like, beer hops.
Will: Like beer hops.
Matilda: So that heavy, kinda relaxed feeling after a really hoppy IPA —
Will: Potentially part myrcene. Yeah.
Matilda: Well that just recontextualized my entire twenties.
Will: Right?
Matilda: Uff da.
Will: So the research — and this is peer-reviewed, rodent models, so grain of salt — shows analgesic, anti-inflammatory, and sedative effects.
Matilda: Sedative being the big one for how people talk about it.
Will: Sedative being the big one. This is where the whole "couch-lock indica" reputation comes from.
Matilda: The classic. "This one's an indica, you'll be glued to the couch."
Will: Right. And here's my hot take.
Matilda: Give it.
Will: The indica-versus-sativa split is OUTDATED.
Matilda: Bold.
Will: It's not that bold, honestly. Most people who work in this space will tell you the same thing.
Matilda: Explain.
Will: Terpene profile matters more than the plant category. Two things labeled "indica" can hit completely differently depending on their terpene mix.
Matilda: So instead of asking "is this indica or sativa" —
Will: Ask about the myrcene percentage. Ask about limonene, pinene. Look at the COA.
Matilda: The Certificate of Analysis.
Will: The Certificate of Analysis. Which good MN dispensaries will show you.
Matilda: Wildflower North Loop is good about that. Simply Crafted is good about that.
Will: Simply Crafted, yeah. Green Goods in Bloomington. Edina Canna. Ask. They'll show you.
Matilda: And the takeaway for consumers is basically — if you're grabbing something myrcene-heavy —
Will: Wind-down time. Not driving time. Not "I've got a presentation in an hour" time.
Matilda: Couch time. Cabin time.
Will: Cabin time. Up-at-the-lake time.
Matilda: Up at the cabin, that's the myrcene move.
Will: That's the myrcene move.
Matilda: Okay I actually love that framing. Because it gives people a real tool instead of just a marketing category.
Will: That's the whole point. If you know your body responds well to myrcene — buy for myrcene. Don't buy for a sticker.
Matilda: Don't buy for a sticker.
Will: We should put that on a shirt.
Matilda: mncannabishub.com merch drop.
Will: Coming soon.
Matilda: Alright, last thing before we get out — Legacy Cup.
Will: Legacy Cup!
Matilda: Year six.
Will: Year SIX. Which is wild to think about. Because six years ago this state was in a totally different place on cannabis.
Matilda: Totally different.
Will: Surly Brewing's Festival Field, Minneapolis. Largest cannabis festival in Minnesota.
Matilda: And it's a real production. Hemp-derived THC beverages, brewery collabs, live music.
Will: Brewery collabs are the interesting part to me. Because that hemp-and-beer overlap we were talking about with the myrcene thing —
Matilda: Right, it's literally showing up on the ground.
Will: It's literally showing up on the ground. And with the omnibus bill and the large-format beverage stuff coming online August 1 —
Matilda: The timing on this event is kind of perfect.
Will: The timing is perfect. This is gonna be a fun year.
Matilda: Any Minnesota nice tip for a first-timer going to Legacy Cup?
Will: Pace yourself. Hydrate. Bring a friend who knows their tolerance.
Matilda: Wear layers because it's Minnesota.
Will: Wear layers because it's Minnesota. And genuinely — talk to vendors. Ask them about their terpene profiles. Ask them about their sourcing.
Matilda: That's your real edge as a consumer.
Will: That's your real edge.
Matilda: Okay. Concrete takeaway for the week?
Will: Concrete takeaway. If you take ONE thing from this episode.
Matilda: One thing.
Will: File your OCM petition by 4 p.m. on July 31 if you've got one to file.
Matilda: Yes.
Will: Because that window closes. And a lot of people don't even know it's open.
Matilda: And even if you don't have a petition to file — go look at what the process is. Because that's civic literacy in this space.
Will: Civic literacy in this space. Well said.
Matilda: And I would add a bonus one — read your labels once August 1 hits. Because the market is genuinely changing that day.
Will: The market is genuinely changing that day. New products, new categories, new formats.
Matilda: Don't autopilot.
Will: Don't autopilot.
Matilda: Okay, where should folks go if they want more?
Will: mncannabishub.com. Menus, dispensary reviews, and we're tracking all of this — OCM stuff, the omnibus rollout, the new storefronts as they open.
Matilda: Winona, Anoka, Osseo when it opens —
Will: All of it. And if you're a Minnesota operator or a patient or just a curious consumer, come tell us what you're seeing on the ground. We read every note.
Matilda: We really do.
Will: Matilda, thanks for keeping me honest as always.
Matilda: Somebody's gotta.
Will: Somebody's gotta. Skol, everybody. Take care of each other out there.
Matilda: See you next week.

What is MN Cannabis Hub Podcast?

Minnesota's weekly cannabis news, dispensary updates, and policy briefings. Recreational and medical, OCM moves, new strains, dispensary openings, and the people running the industry. Brought to you by mncannabishub.com and Leafwell (code MNHUB — $99 medical card visits).