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Bill > A06593


NY A06593

NY A06593
Authorizes conditional adult-use cultivator licensees to sell their own cannabis products; authorizes the office of cannabis management to create a loan or grant program to help such adult-use cultivator licensees to process cannabis into distillate.


summary

Introduced
04/20/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the cannabis law, in relation to authorizing conditional adult-use cultivator licensees to sell their own cannabis products and authorizing the office of cannabis management to create a loan or grant program to help such adult-use cultivator licensees to process cannabis into distillate

AI Summary

This bill allows conditional adult-use cultivator licensees to sell their own or another conditional adult-use cultivator's cannabis products directly to consumers until September 30, 2023. It also authorizes the Office of Cannabis Management to create a loan or grant program to help these licensees process their cannabis into distillate, with the end-product returned to the licensee for future use. This is intended to address the financial challenges faced by New York's cannabis farmers, whose 2022 crops are losing value while in storage due to diminished quality. The bill aims to provide a temporary solution to help these cultivators sell their products and process their cannabis during this difficult period.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

referred to economic development (on 01/03/2024)

bill text


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