NRS 453A.334
Registration cards and registration certificates nontransferable unless ownership of establishment is transferred

  • requirements for transfer of registration card or registration certificate if ownership is transferred.

1.

Except as otherwise provided in subsection 2, the following are nontransferable:

(a)

A medical marijuana establishment agent registration card.

(b)

A medical marijuana establishment registration certificate.

2.

A medical marijuana establishment may, upon submission of a statement signed by a person authorized to submit such a statement by the governing documents of the medical marijuana establishment, transfer all or any portion of its ownership to another party, and the Department shall transfer the medical marijuana establishment registration certificate issued to the establishment to the party acquiring ownership, if the party who will acquire the ownership of the medical marijuana establishment submits:

(a)

If the party will acquire the entirety of the ownership interest in the medical marijuana establishment, evidence satisfactory to the Department that the party has complied with the provisions of sub-subparagraph (III) of subparagraph (2) of paragraph (a) of subsection 3 of NRS 453A.322 for the purpose of operating the medical marijuana establishment.

(b)

For the party and each person who is proposed to be an owner, officer or board member of the proposed medical marijuana establishment, the name, address and date of birth of the person, a complete set of the person’s fingerprints and written permission of the person authorizing the Department to forward the fingerprints to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report.

(c)

Proof satisfactory to the Department that, as a result of the transfer of ownership, no person, group of persons or entity will, in a county whose population is 100,000 or more, hold more than one medical marijuana establishment registration certificate or more than 10 percent of the medical marijuana establishment registration certificates allocated to the county, whichever is greater.

Source: Section 453A.334 — Registration cards and registration certificates nontransferable unless ownership of establishment is transferred; requirements for transfer of registration card or registration certificate if ownership is transferred., https://www.­leg.­state.­nv.­us/NRS/NRS-453A.­html#NRS453ASec334.

Last Updated

Jun. 24, 2021

§ 453A.334’s source at nv​.us