Section 16300.1 - Additional Cultivation Requirements for Large Licenses(a) Commencing on January 1, 2023, a person that holds an ownership or financial interest in a Large Cultivation license shall not be eligible to apply for or hold an ownership or financial interest in a Type 8, Type 11, or Type 12 license.(b) As part of the license application for a Large Cultivation license or a request for a conversion into a Large Cultivation license the applicant or licensee shall submit an attestation that: (1) All persons who will hold an ownership or financial interest in the Large Cultivation license do not currently hold any ownership or financial interest in a Type 8, Type 11, or Type 12 license; and(2) No person who will hold an ownership or financial interest in the Large Cultivation license will apply for or hold an ownership or financial interest in a Type 8, Type 11, or Type 12 license while maintaining their ownership or financial interest in the Large Cultivation license.Cal. Code Regs. Tit. 4, § 16300.1
1. New section filed 12-30-2022; operative 1-1-2023 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 52). Note: Authority cited: Section 26013, Business and Professions Code. Reference: Sections 26012, 26060, 26061 and 26180, Business and Professions Code.
1. New section filed 12-30-2022; operative 1/1/2023 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 52).