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<section article="gab" article_name="Alcoholic Beverages and Cannabis" number="36-504" title_number="36" title_name="Medical and Adult-Use Cannabis" subtitle_number="5" subtitle_name="Agent, Owner, and License Transfer Requirements">
  <level label="a">
    <level label="1">
      <text>In this section, “owner” includes any type of owner or beneficiary of a business entity, including a principal officer, a director, a principal employee, a partner, an investor, or a beneficial owner of the business entity and, notwithstanding any other provision of this subtitle, a person having any ownership interest regardless of the percentage of ownership interest.</text>
    </level>
    <level label="2">
      <text>“Owner” does not include a stockholder.</text>
    </level>
  </level>
  <level label="b">
    <text>The provisions in this section are in addition to the conflict of interest provisions in Title 5 of the General Provisions Article.</text>
  </level>
  <level label="c">
    <text>Except as provided in subsection (d) of this section, a constitutional officer or a secretary of a principal department of the Executive Branch of the State government may not:</text>
    <level label="1">
      <text>be an owner or an employee of a business entity that holds a license or registration under this title; or</text>
    </level>
    <level label="2">
      <text>have an official relationship with a business entity that holds a license or registration under this title.</text>
    </level>
  </level>
  <level label="d">
    <text>Subject to the provisions of Title 5 of the General Provisions Article, a constitutional officer or a secretary of a principal department of the Executive Branch of the State government may remain an owner or an employee of a business entity that holds a license under this title if the constitutional officer or secretary was an owner or employee of the business entity before the constitutional officer’s election or appointment or the secretary’s appointment.</text>
  </level>
  <level label="e">
    <text>A member of the General Assembly may not:</text>
    <level label="1">
      <text>be an owner or an employee of a business entity that holds a license or registration under this title; or</text>
    </level>
    <level label="2">
      <text>have an official relationship with a business entity that holds a license or registration under this title.</text>
    </level>
  </level>
  <level label="f">
    <text>A former member of the General Assembly, for the 1–year period immediately after the member leaves office, may not:</text>
    <level label="1">
      <text>be an owner or an employee of a business entity that holds a license or registration under this title; or</text>
    </level>
    <level label="2">
      <text>have an official relationship with a business entity that holds a license or registration under this title.</text>
    </level>
  </level>
  <level label="g">
    <text>An employee of the Administration may not:</text>
    <level label="1">
      <text>have a direct or indirect financial, ownership, or management interest, including ownership of any stocks, bonds, or other similar financial instruments, in any cannabis licensee;</text>
    </level>
    <level label="2">
      <text>have an official relationship with a person who holds a license or registration under this title;</text>
    </level>
    <level label="3">
      <text>be an elected official of State or local government;</text>
    </level>
    <level label="4">
      <text>receive or share in, directly or indirectly, the receipts or proceeds of a cannabis licensee; or</text>
    </level>
    <level label="5">
      <text>have a beneficial interest in a contract for the manufacture or sale of cannabis or the provision of independent consulting services in connection with a cannabis license.</text>
    </level>
  </level>
</section>
