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Home » US Law » 2022 New York Laws » Consolidated Laws » CAN - Cannabis » Article 5 - Cannabinoid Hemp and Hemp Extract » 100 – Transferability; Amendment to License; Change in Ownership or Control.

§ 100. Transferability; amendment to license; change in ownership or control. 1. Licenses issued under this article are not transferable, absent written consent of the board.

2. Upon application of a licensee, a license may be amended to add or delete permitted activities.

3. A license shall become void by a change in ownership, substantial corporate change or change of location without prior written approval of the board. The board may make regulations allowing for certain types of changes in ownership without the need for prior written approval.