Common Contracts
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Goods and Services Agreements Frequently Asked QuestionsSeptember 29th, 2023
The New York State Cannabis Law provides a statutory framework for individuals and entities with an interest in businesses licensed by the Office of Cannabis Management (Office). The Cannabis Law creates a two-tier market structure for the Adult-Use Cannabis Program, whereby individuals or entities having any direct or indirect interest in a licensee authorized for the supply tier (cultivation, processing, distribution, cooperative, microbusiness, Registered Organization with Dispensing or “(ROD”), and Registered Organization Non-Dispensing (ROND)) are prohibited from holding any direct or indirect interest in a licensee on the retail tier (dispensing, on-site consumption, delivery) of the market and vice versa. The Cannabis Law also includes prohibitions for individuals or entities with an interest in a registered organization or laboratory testing permit holder.
