New York A 11510: Relates to adult-use retail dispensary naming rights agreements

Status: REFERRED TO ECONOMIC DEVELOPMENT (as of 2026-05-28)

State: New York · Session: 2025-2026 · Bill: A 11510

Sponsors: Rules Committee

Bill Text

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A11510 Summary:

BILL NOA11510 

&nbsp

SAME ASNo Same As

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SPONSORRules (Peoples-Stokes)

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COSPNSR

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MLTSPNSR

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Amd §72, Cannabis L

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Limits an adult-use retail dispensary licensee to no more than five adult-use retail dispensary naming rights agreements.

Go to top A11510 Actions:

BILL NOA11510 

&nbsp

05/28/2026referred to economic development

Go to topA11510 Committee&nbspVotes:

Go to topA11510 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA11510 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 11510

 IN ASSEMBLY

 May 28, 2026
 ___________

 Introduced by COMMITTEE ON RULES -- (at request of M. of A. Peoples-
 Stokes) -- read once and referred to the Committee on Economic Devel-
 opment

 AN ACT to amend the cannabis law, in relation to adult-use retail
 dispensary naming rights agreements

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 2 of section 72 of the cannabis law is amended
 2 to read as follows:
 3 2. No person may have a direct or indirect financial or controlling
 4 interest in more than three adult-use retail dispensary licenses issued
 5 pursuant to this chapter. For the purposes of this section, "direct or
 6 indirect financial or controlling interest" shall include but not be
 7 limited to naming rights agreements between adult-use retail dispensary
 8 licensees, provided however, that adult-use retail dispensary licensees
 9 may enter into no more than five adult-use retail dispensary naming
 10 rights agreements.
 11 § 2. This act shall take effect immediately; provided, however, that
 12 any retail dispensary licensees with adult-use retail dispensary naming
 13 rights agreements that are in violation of subdivision 2 of section 72
 14 of the cannabis law, as amended by section one of this act, shall have
 15 180 days from the effective date of this act to comply with the
 16 provisions of this act.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15776-01-6

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