N.Y. Comp. Codes R. & Regs. tit. 9 § 123.19

Current through Register Vol. 46, No. 45, November 2, 2024
Section 123.19 - Delivery Ownership, Interests, Business Authorizations and Prohibitions
(a) A delivery licensee shall be authorized to deliver cannabis products that have been ordered and paid for by a cannabis consumer prior to delivery from a licensee authorized for the retail sale of cannabis to a cannabis consumer.
(b) A delivery licensee or its true party of interest may also be true parties of interest in a retail dispensary or an on-site consumption license.
(c) No person shall be a true party of interest in more than one (1) delivery license, or in a delivery license and retail dispensary or on-site consumption license, provided, however, a true party of interest in a delivery license may simultaneously be a passive investor in any number of delivery, retail dispensary, and on-site consumption licenses, if such true party of interest complies with all restrictions governing such relationships, including, but not limited to, undue influence, control, and true party of interest requirements.
(d) A delivery licensee or its true party of interest may have a goods and services agreement with an on-site consumption or retail dispensary license, subject to all restrictions governing such relationships, including, but not limited to, undue influence, control, and true party of interest requirements.
(e) In addition to any other restrictions or prohibitions in this Part, no delivery license or its true party of interest is permitted to hold a direct or indirect interest, including by being a true party of interest, passive investor, or having a goods and services agreement with, or by any other means, in a cultivator, processor, distributor, cooperative, microbusiness, ROD, ROND, registered organization, or cannabis laboratory licensee or permittee.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 123.19

Adopted New York State Register September 27, 2023/Volume XLV, Issue 39, eff. 9/27/2023