Section 36-504 - Conflicts of interest(a)(1) In this section, "owner" includes any type of owner or beneficiary of a business entity, including a principal officer, a director, a principal employee, a partner, an investor, or a beneficial owner of the business entity and, notwithstanding any other provision of this subtitle, a person having any ownership interest regardless of the percentage of ownership interest.(2) "Owner" does not include a stockholder.(b) The provisions in this section are in addition to the conflict of interest provisions in Title 5 of the General Provisions Article.(c) Except as provided in subsection (d) of this section, a constitutional officer or a secretary of a principal department of the Executive Branch of the State government may not: (1) be an owner or an employee of a business entity that holds a license or registration under this title; or(2) have an official relationship with a business entity that holds a license or registration under this title.(d) Subject to the provisions of Title 5 of the General Provisions Article, a constitutional officer or a secretary of a principal department of the Executive Branch of the State government may remain an owner or an employee of a business entity that holds a license under this title if the constitutional officer or secretary was an owner or employee of the business entity before the constitutional officer's election or appointment or the secretary's appointment.(e) A member of the General Assembly may not: (1) be an owner or an employee of a business entity that holds a license or registration under this title; or(2) have an official relationship with a business entity that holds a license or registration under this title.(f) A former member of the General Assembly, for the 1-year period immediately after the member leaves office, may not:(1) be an owner or an employee of a business entity that holds a license or registration under this title; or(2) have an official relationship with a business entity that holds a license or registration under this title.(g) An employee of the Administration may not:(1) have a direct or indirect financial, ownership, or management interest, including ownership of any stocks, bonds, or other similar financial instruments, in any cannabis licensee;(2) have an official relationship with a person who holds a license or registration under this title;(3) be an elected official of State or local government;(4) receive or share in, directly or indirectly, the receipts or proceeds of a cannabis licensee; or(5) have a beneficial interest in a contract for the manufacture or sale of cannabis or the provision of independent consulting services in connection with a cannabis license.Added by 2023 Md. Laws, Ch. 255, Sec. 5, eff. 5/3/2023.Added by 2023 Md. Laws, Ch. 254, Sec. 5, eff. 5/3/2023.