§ 80. Adult-use cultivators, processors or distributors not to be interested in retail dispensaries. 1. It shall be unlawful for any person authorized to cultivate, process, or distribute under this article to:

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In N.Y. Cannabis Law 80

  • Contract: A legal written agreement that becomes binding when signed.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

(a) be interested directly or indirectly in any premises where any cannabis product is sold at retail, including for on-site consumption; or in any business devoted wholly or partially to the sale or delivery of any cannabis product at retail, including for on-site consumption, by stock ownership, interlocking directors, mortgage or lien or any personal or real property, or by any other means;

(b) make, or cause to be made, any loan to any person engaged in the manufacture or sale of any cannabis product at wholesale or retail;

(c) make any gift or render any service of any kind whatsoever, directly or indirectly, to any person licensed under this chapter which in the judgment of the board may influence such licensee to purchase the product of such cultivator or processor or distributor; or

(d) enter into any contract or agreement with any retail, on-site consumption or delivery licensee whereby such licensee agrees to confine his or her sales to cannabis products manufactured or sold by one or more such cultivator or processors or distributors. Any such contract or agreement shall be void and subject the licenses of all parties concerned to revocation for cause and any applicable administrative enforcement and penalties.

2. The provisions of this section shall not prohibit a registered organization authorized pursuant to section thirty-nine or sixty-eight-a of this chapter, or microbusiness authorized pursuant to section seventy-three of this chapter, from cultivating, processing, or selling adult-use cannabis under this article, at facilities wholly owned and operated by such registered organization or microbusiness, subject to any conditions, limitations or restrictions established by this chapter.

3. The board shall develop rules and regulations in regard to this section.