New York State Now Requires Cannabinoid Hemp Processor Licenses and Product Liability Insurance

New York State Now Requires Cannabinoid Hemp Processor Licenses and Product Liability Insurance. Pursuant to Article 33-B of the New York State Senate’s Chapter 45, new York State now mandates that Cannabinoid Hemp Processors be licensed. 

ARTICLE 33-B Regulation of Cannabinoid Hemp and Hemp Extract

Link to Cannabinoid Hemp Program Licensing Application

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Processor Application Requirements

Below is a list of requirements for applicants to complete the online Cannabinoid Hemp Processor License application.

• Overview of Processor business plan
• Extraction method (if applicable)
• Planned Source of Cannabinoid Hemp and/or Cannabinoid Hemp Extract
• Workers Compensation verification (if applicable)
• Proof of product liability insurance
• Proof of certificate of occupancy
• Proof of Good Manufacturing Practices (GMP) audit
• Any other licenses issued at facility location (if applicable)
• Ownership and management information for business (owners and % ownership)
• Submission of a $1,000 application fee and $3,500 license fee for Cannabinoid Hemp Processors Extracting and Manufacturing. Submission of a $500 application fee and $1,000 license fee for Cannabinoid Hemp Processors Manufacturing Only. Both licenses are valid for two years from the date of issuance.

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