Rule 1301:18-3-03 | Ownership, Financial Interest, and Control.
(A) No person shall be issued more than:
(1) One cultivator provisional license or certificate of operation;
(2) One processor provisional license or certificate of operation; or
(3) Eight dispensary provisional licenses or certificates of operation.
(B) No person shall maintain ownership or a financial interest in more than:
(1) One cultivator provisional license or certificate of operation;
(2) One processor provisional license or certificate of operation; or
(3) Eight dispensary provisional licenses or certificates of operation.
(C) No person shall control more than:
(1) One cultivator provisional license or certificate of operation;
(2) One processor provisional license or certificate of operation; or
(3) Eight dispensary provisional licenses or certificates of operation.
(D) With regard to testing laboratories:
(1) No person shall be issued more than one testing laboratory provisional license or certificate of operation;
(2) No person shall maintain ownership or a financial interest in more than one testing laboratory provisional license or certificate of operation;
(3) No person shall control more than one testing laboratory provisional license or certificate of operation;
(4) No person shall be issued a testing laboratory provisional license or certificate of operation, or maintain ownership, financial interest, or control in a testing laboratory provisional license or certificate of operation and do any of the following:
(a) Acquire a provisional license or certificate of operation for any other cannabis entity licensed pursuant to this chapter;
(b) Maintain ownership or financial interest in any other cannabis entity licensed pursuant to this chapter;
(c) Control any other cannabis entity licensed pursuant to this chapter; or
(d) Share any corporate officers or employees with any other cannabis entity licensed pursuant to this chapter.
Last updated November 1, 2024 at 3:23 AM
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