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NY S08575
Bill
Status
11/12/2025
Primary Sponsor
Jeremy Cooney
Click for details
AI Summary
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Creates a regulatory framework for cannabinoid hemp beverages, defined as hemp-derived drinkable products with no more than 0.5% delta-9 THC concentration and limited to 5 milligrams of total THC per container
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Restricts sales of cannabinoid hemp beverages to persons 21 years of age or older and requires retailers to obtain a cannabinoid hemp beverage retailer license from the Cannabis Control Board
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Establishes a 10% tax on cannabinoid hemp beverages sold by distributors to licensed retailers, with revenues deposited into the cannabis revenue fund
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Directs tax revenues to support conditional adult-use retail dispensary licensees through zero-interest loans and provides up to $25 million each for cultivator and processor licensees who experienced losses due to limited operational retail dispensaries
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Imposes labeling requirements including THC content, ingredient lists, QR codes linking to certificates of analysis, and warnings that products must be kept from children and may cause failed drug tests
Legislative Description
Enacts the "hemp beverage and taxation act"; defines cannabinoid hemp beverage; prohibits the sale of cannabinoid hemp beverages to persons twenty-one years of age or older; provides requirements for the product or labeling of such products; provides for offenses for persons under the age of twenty-one years who purchase or attempt to purchase a cannabinoid hemp beverage through fraudulent means and persons who procure such beverages for persons under the age of twenty-one years; imposes advertising requirements; imposes a tax on cannabinoid hemp products; provides for the disbursement of revenues collected pursuant to Article 20-e of the Tax Law.
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
1/7/2026