Relating to: regulation of hemp-derived cannabinoid products, renaming the Division of Alcohol Beverages as the Division of Intoxicating Products, creating an occupational tax on hemp-derived cannabinoid products, alcohol beverage warehouses and production arrangements, granting rule-making authority, and providing a penalty. (FE)

SB 681 would rename the Division of Alcohol Beverages to the Division of Intoxicating Products and create an occupational tax on hemp-derived cannabinoid products. The bill establishes regulatory requirements for these products, including rules for alcohol beverage warehouses and production arrangements. It grants rule-making authority to the newly named division and includes penalty provisions for violations. This legislation directly affects businesses selling hemp-derived cannabinoid products and alcohol beverage warehouses in the state.