New York Gov. Signs Hemp & CBD Regulations Bill

A bill signed by Gov. Andrew Cuomo will establish rules and regulations for the New York’s hemp and CBD industry; the bill establishes a licensing process for hemp growers, processors, and manufacturers, and includes lab testing and product labeling requirements.

Full story after the jump.

New York Gov. Andrew Cuomo (D) has signed a bill to establish rules and regulations for the sale of hemp and CBD in the state. Cuomo described the state’s hemp industry as “exploding” and said the state regulations will ensure the industry’s “long term viability” and protect consumers.

“By establishing a regulatory framework for producing and selling hemp and hemp extract we can set the industry on a path to continued growth in a smart, safe way that empowers both farmers and consumers.” – Cuomo, in a statement

The measure established a permitting process for hemp cultivators, processors, and help extract retailers, requiring laboratory testing and product labeling. Under the law, the Department of Agriculture and Markets will supervise hemp growers, while the Department of Health will have supervision authority over hemp extracts, such as CBD.

State Sen. Jen Metzger, chair of the Senate Agriculture Committee and bill sponsor, called the legislation a “nation-leading step forward” for the hemp industry which will provide “tremendous opportunity” for the state’s farmers and businesses “up the value chain” while protecting consumers.

Under the federal farm bill, approved last year, states are required to create their own hemp industry regulations which must be approved by the U.S. Department of Agriculture before becoming permanent.

The regulations cap THC levels at 0.3 percent – on par with federal rules – requiring state licensing and an application fee of $500 and a per-acre license fee that will be determined by the state agriculture commissioner.

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