New York Laws
Article 33-B - Regulation of Cannabinoid Hemp and Hemp Extract
3398-J - Transferability; Amendment to License; Change in Ownership or Control.

* ยง 3398-j. Transferability; amendment to license; change in ownership
or control. 1. Licenses issued under this article are not transferable,
absent written consent of the commissioner.

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 commissioner. The commissioner may make regulations allowing for
certain types of changes in ownership without the need for prior written
approval.

* NB Repealed 6 months after the full cannabis control board created
by Article 2 of the cannabis law has been appointed