One unfortunate outcome of states banning a wide range of hemp-derived cannabinoids is that tracking sales is no longer possible. States like Minnesota, with a regulated hemp-derived cannabinoid segment, are in a good position to understand the revenues generated by this segment.

Limitations on THC content in Minnesota has drastically curtailed sales of intoxicating hemp products through legal channels, but sales persist. Minnesota passed their recreational cannabis bill last year. Prior to this, the hemp-derived…