True Party of Interest (TPI)
What This Covers
Who must be disclosed, why it matters, and how it affects every cannabis license.
New York uses the True Party of Interest (TPI) framework to track ownership, control, influence, and financial interest in cannabis licenses. TPI rules affect eligibility, application approval, compliance, and ongoing reporting. Mistakes with TPI are a common cause of denials, delays, or enforcement actions.
What a TPI Is
A TPI is any person or entity with:
- Authority or influence over decisions or operations, or
- Right to receive payments meeting TPI financial standards
Title, contract language, or equity stake does not override TPI status.
Why TPI Rules Matter
TPI status determines:
- Eligibility of your ownership structure
- Compliance with vertical and horizontal license restrictions
- Whether agreements create hidden control
- Completeness of your application
- Reporting obligations for changes
- Good standing of your license
How to Use This Section
- Start here to understand the TPI framework
- Visit subpages for rules, limits, examples, disclosures, and processes
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Source Material
