Labor & Employment

This bill modifies regulations for the cannabis industry in New York to strengthen labor standards and market oversight. It requires new and renewing license applicants to sign labor peace agreements with unions, making the maintenance of these agreements a condition for certification and registration. The legislation also establishes a new Cannabis Industry Wage Board to set fair wages and working conditions, while giving the state board authority to review licenses and modify terms if large market players hinder social equity goals. Additionally, the bill mandates that applicants disclose detailed ownership structures and salary information to promote transparency and accountability within the industry.