N.Y. Comp. Codes R. & Regs. tit. 1, § 159.6
(a) The department shall issue commercial and research licenses.
(d) Amendment of a license is required if there is any change to the information submitted in the license application, including, among other things: the sale of a business, the growing or handling of hemp in a new location, the cessation of growing or handling of hemp at an authorized location, and/or the addition or removal key participants of the licensee.