Bill > A08820

This bill amends the New York state finance law to explicitly allow funds from the state cannabis revenue fund to be used for implementing track and trace programs. Track and trace programs are systems that monitor cannabis products from cultivation through sale, helping regulators ensure product safety, prevent diversion to illegal markets, and maintain accurate inventory records. Specifically, the bill modifies an existing law to clarify that the Office of Cannabis Management and Cannabis Control Board can use revenue fund money to cover the reasonable costs associated with developing and operating these tracking systems. The bill provides direct authorization for these expenditures, which were previously less clearly defined, and takes effect immediately upon passage. This change helps support the state's regulatory infrastructure for the legal cannabis industry by providing a clear funding mechanism for important oversight technologies.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A8820