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Assembly Bill A4306

2025-2026 Legislative Session

Expands who can hold membership in an adult-use cooperative license

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Current Bill Status - In Assembly Committee

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2025-A4306 (ACTIVE) - Details

See Senate Version of this Bill:
S5277
Current Committee:
Assembly Economic Development
Law Section:
Cannabis Law
Laws Affected:
Amd §70, Cannabis L
Versions Introduced in 2023-2024 Legislative Session:
A7694, S7504

2025-A4306 (ACTIVE) - Summary

Expands who can hold membership in a licensed adult-use cooperative to include persons other than natural persons.

2025-A4306 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4306
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 4, 2025
                                ___________
 
 Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
   tee on Economic Development
 
 AN  ACT to amend the cannabis law, in relation to expanding who can hold
   membership in an adult-use cooperative license
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1. Subdivision 3 of section 70 of the cannabis law is amended
 to read as follows:
   3. A cooperative member [shall be a natural person and] shall not be a
 member of more than one adult-use cooperative licensed pursuant to  this
 section.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08261-01-5

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