Bill > S08575

This bill establishes a comprehensive regulatory framework for cannabinoid hemp beverages in New York State, focusing on licensing, sales, packaging, and taxation. The bill defines a cannabinoid hemp beverage as a liquid hemp product with no more than 0.5% delta-9 tetrahydrocannabinol (THC) and limits sales to persons 21 years and older, with each container allowed up to 5 milligrams of THC. The legislation requires retailers and distributors to obtain specific licenses from the Cannabis Control Board, mandates detailed product labeling including ingredients, expiration dates, and health warnings, and prohibits packaging or advertising that could appeal to individuals under 21. The bill imposes a 10% tax on cannabinoid hemp beverage sales and establishes penalties for non-compliance, including potential license suspension or revocation. Additionally, the bill creates strict age verification requirements for sales, prohibits fraudulent age misrepresentation, and specifies that hemp or hemp-derived beverages will be subject to retail sales and compensating use taxes. The revenue generated will be directed towards supporting cannabis industry initiatives, such as providing zero-interest loans to conditional adult-use retail dispensary licensees and mitigating losses for cultivator and processor licensees.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S8575