D.C. Mun. Regs. tit. 22, r. 22-C5501
If there is a change in corporate officers, directors, or other persons, owning or controlling one percent (1%) or more, but less than fifty percent (50%), of the common stock of a corporate registration for a medical marijuana dispensary, cultivation center, or testing laboratory, the corporation shall submit to the Board, within fifteen (15) calendar days of the change, the minutes or other instrument giving the names and addresses of any new officer, director, or person owning or controlling any percentage of the stock.
If there is a change in the ownership of an individual ownership, partnership, or limited liability company or partnership, resulting in a change of ownership of one percent (1%) or more, but less than fifty percent (50%), of the total ownership interest of the business entity's registration for a medical marijuana dispensary, cultivation center, or testing laboratory, the individual owner, partnership, or limited liability company or partnership members shall submit to the Board in a timely manner, but no later than fifteen (15) calendar days after the change has occurred, the instruments reflecting the change in ownership interests.
Within fifteen (15) calendar days of the changes set forth in §§5501.1 and §§5501.2, the individual owner, partnership, limited liability company or partnership, or corporation shall submit to the Board any data pertaining to the personal and business history of any new officer, director, stockholder, member, general or limited partner, or other person that the Board may require, and each new person shall apply for a registration as required under this subtitle.
Each individual seeking to own or control interest of at least one percent (1%) in a partnership, limited liability company or partnership, or corporation shall pass a criminal background check and pay the applicable registration fee.
If the proposed transfer pertains to a medical marijuana dispensary registration, the proposed transferee(s) shall not own or control the interest of one percent (1%) or more in another medical marijuana dispensary registered to operate in the District of Columbia or that has been deemed eligible to operate in the District of Columbia.
The proposed transferee(s) shall not operate the dispensary, cultivation center, or testing laboratory until they have received a registration issued by the Board.
D.C. Mun. Regs. tit. 22, r. 22-C5501