Columbia Updating ownership changes ordinance (§ 13-446)
Chapter 13: Licenses, Permits and Miscellaneous Business Regulations · Article XIII. Marijuana Business Licensing
In short: Licensees must give the business services administrator a notarized affidavit of any ownership change within ten business days, and another with annual renewal listing current ownership shares. Conveying more than 5 percent to anyone not on the original application forfeits the license automatically, requiring reapplication.
Our plain-English summary, not the official text or legal advice. The ordinance below is what counts.
A licensee must provide the business services administrator a notarized affidavit showing any ownership changes within ten (10) business days of the change. If more than five (5) percent of the business is conveyed to any individual or entity not listed in the initial license application, the license is automatically forfeited and the licensee must apply for the license again in accordance with this article. Regardless of whether there are any ownership changes, licensee shall provide a notarized affidavit at the time of their annual license renewal detailing current individual ownership shares.
Official source: City of Columbia official Code of Ordinances (online): look up Sec. 13-446
Text from Supplement 139 (September 3, 2026).
Last checked November 1, 2026. The city's official copy controls; this page is a reading copy, not legal advice.