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Bill > S06470
NY S06470
NY S06470Authorizes 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
04/21/2023
04/21/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
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 authorizes conditional adult-use cultivator licensees to sell their own 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 being 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 due to diminished potency, color, and aroma, and who may be unable to plant a crop for the upcoming growing season.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/S6470 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06470&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06470 |
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