California CodesBusiness and Professions Code - BPCDivision 10 — CannabisChapter 22 — Cannabis Cooperative AssociationsArticle 10 — Marketing ContractsSection 26230
The association and its members may make and execute marketing contracts that require the members to sell, for any period of time, but not over 15 years, all or a specified part of a cannabis product exclusively to or through the association, or a facility that is created by the association. If the members contract a sale to the association, title to the cannabis product passes absolutely and unreservedly, except for recorded liens, to the association upon delivery or at another specified time that is expressly and definitely agreed in the contract.
Notes
Allows an association and its members to enter marketing contracts requiring exclusive sale through the association or its facility of all or part of a cannabis product for up to 15 years. When sale to the association is contracted, title passes fully upon delivery or another expressly agreed time, subject to recorded liens.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 26230 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-10/chapter-22/article-10/section-26230