New York Bill Would Allow Sales of Low-THC Beverages at Liquor Stores 

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A bill proposed in New York would allow sales of THC beverages at liquor
stores. Under the proposal, liquor stores would have to obtain a permit to
sell the products and only be allowed to carry products with 5
milligrams of THC or less.

The bill would also impose new taxes on low-THC cannabis beverages,
including an additional 13% tax on retail sales.

In the justification memo accompanying the bill, sponsored by Sen. Jeremy
Cooney (D), the measure would support “small businesses and social and
economic equity applicants by dedicating a portion of revenues to loans,
grants, technical assistance, and enforcement against illicit operators.”

“New York’s adult-use cannabis market continues to evolve, and consumer
demand for low-dose, beverage-based cannabis products has increased
significantly. These products are typically lower potency and consumed in a
manner similar to other regulated beverages, making them appropriate
for sale in controlled retail environments with strong compliance
histories.” — S.9220 Justification Memo

If approved, the measure would take effect six months from the date of
passage. It is currently in the chamber’s Investigations and Government
Operations Committee. A same-as version of the proposal in the House is
being considered by the chamber’s Economic Development Committee.