N.Y. Agriculture and Markets Law 519 – Hemp economic development
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§ 519. Hemp economic development. The commissioner shall consult and cooperate with the New York state urban development corporation, the New York state hemp workgroup created pursuant to § 108 of the cannabis law, and representatives of industries that currently use, or may potentially use, industrial hemp in their products, with respect to the funding and support of research, and product and business development and promotion, concerning hemp and businesses involved in growing, cultivating, and processing hemp for uses including, but not limited to food, fiber, packaging, cannabinoid content, and construction materials.
Terms Used In N.Y. Agriculture and Markets Law 519
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Hemp: means the plant Cannabis sativa L. See N.Y. Agriculture and Markets Law 505