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July 11, 2023 <br />Page 3 <br />amendment once the State of Minnesota creates its Office of Cannabis Management in the <br />coming year. <br />COUNCIL ACTION <br />As discussed above, the moratorium ordinance related to THC/Hemp products expires on July <br />26, 2023. If desired, the Council may consider a first reading of the attached Ordinance. The <br />Council also has the authority to waive the second or third reading if desired. Given the timing, <br />the Council does not have the ability to extend the moratorium, since the statute now requires <br />a public hearing be held at least 15 days prior to the expiration, and the time to notice that <br />hearing has passed. As such, final action (by waiving the 3rd reading) should be considered at <br />the meeting on July 25th. <br />Recommended Action: <br />Approve the first reading of Ordinance 2023-03 and direct staff to prepare an update to the <br />draft, along with a summary ordinance for the Council agenda on July 25, 2023. <br />91