Bill > S08264

This bill amends the New York State Finance Law to explicitly authorize the use of funds from the New York State Cannabis Revenue Fund for implementing track and trace product programs. Specifically, the bill expands the existing language about reasonable costs incurred by the Office of Cannabis Management and the Cannabis Control Board to specifically include costs related to tracking and tracing cannabis products. Track and trace programs are typically systems that monitor cannabis products from cultivation through sale, helping to ensure regulatory compliance, prevent diversion to illegal markets, and provide transparency in the cannabis supply chain. By adding this language, the bill clarifies that expenses associated with developing and maintaining such tracking systems can be funded through the cannabis revenue fund. The amendment is a technical change that provides more specific guidance about how cannabis-related revenue can be utilized, and the bill is set to take effect immediately upon passage.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S8264