(a) No person shall grow, cultivate, or handle hemp in this State without obtaining either a valid commercial or research license issued by the department pursuant to this Part.

(b) Licenses issued by the department are valid for a period of three years, with the term beginning on the date of issue shown on the license.

(c) Licenses issued under this Part authorize the licensee only to grow, cultivate and handle hemp on property owned or leased by the applicant, listed on the applicant’s application for a license or license amendment application, and approved by the department. A department license does not authorize non-cultivation related activities involving hemp for which other state hemp licenses, authorizations and/or permits may be issued.

(d) Licenses may not be sold, assigned, transferred, pledged, or otherwise disposed of, alienated, or encumbered.