Requires a contract between a licensed marijuana producer, marijuana processor, or marijuana retailer, and another licensed producer, processor, or retailer, for the purchase and sale of marijuana or marijuana products, to allow the purchaser to tender full or final payment to the seller on a date after the date the marijuana or products are delivered to or received by the purchaser.

Requires the purchaser to tender full or final payment to the seller on a date not more than five calendar days after the date the marijuana or products are delivered to or received by the purchaser.