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10.62.19.00.htm 10.62.19.00. Title 10 DEPARTMENT OF HEALTH AND MENTAL HYGIENE Subtitle 62 NATALIE LAPRADE MEDICAL CANNABIS COMMISSION Chapter 19 Medical Cannabis Processor License Authority: Health-General Article, §13-3301, 13-3302, 13-3309, and 13-3310, Annotated Code of Maryland
10.62.19.01.htm 10.62.19.01. 01 Definitions.. A. In this chapter the following terms have the meanings indicated.. B. Terms Defined.. 1) “Audited financial statement” means an audited financial statement that is performed by a certified public accountant licensed or with practice privileges in Maryland, pursuant to Business Occupations and Professions Article, Title 2, Annotated Code of Maryland, that:a) Is prepared in accordance with the Professional Standards of the American Institute of Certified
10.62.19.02.htm 10.62.19.02. 02 Application.. A. An applicant shall submit to the Commission an application for a license.. B. An application on a form developed by the Commission shall be completed and submitted to the Commission for consideration. In addition to the application form, the applicant shall submit the following documents to be included as addenda to the application form:1) A list identifying the applicant’s potential processor agents;. 2) A list identifying each individual investor wit
10.62.19.03.htm 10.62.19.03. 03 Consent for Investigation.. A. An individual who is required to provide personal and background information under this chapter shall provide a statement that irrevocably gives consent to the Commission and persons authorized by the Commission to:1) Verify all information provided in the application documents; and. 2) Conduct a background investigation of the individual.. B. An applicant shall waive any contractual, statutory, or common law obligation of confidentiality
10.62.19.04.htm 10.62.19.04. 04 Application Review.. A. The burden of proving an applicant’s qualifications rests on the applicant.. B. The Commission may deny an application that contains a misstatement, omission, misrepresentation, or untruth.C. An application shall be complete in every material detail.. D. The Commission may request any additional information the Commission determines is necessary to process and fully investigate an application.E. The applicant shall provide requested additiona
10.62.19.05.htm 10.62.19.05. 05 Pre-Approval of License Application.. A. The Commission shall pre-approve a number of licenses for licensed processors sufficient to supply the demand for medical cannabis concentrates and medical cannabis-infused products in a range of routes of administration desired by qualifying patients.B. If there are more qualified applications than the number of licenses available and there is a numerical tie for the last license to be issued, the last pre-approved license
10.62.19.06.htm 10.62.19.06. 06 Issuance of License.. A. After an applicant has been issued a pre-approval for a license under this chapter, the applicant shall submit to the Commission, as part of its application:1) An audited financial statement for the applicant and for each individual, partnership, corporation, or other entity review that has invested, or is proposed to invest, 5 percent or more of the capital of the applicant; and2) Payment of the stage 2 application fee specified in COMAR 10.62.35..
10.62.19.07.htm 10.62.19.07. 07 Change of Ownership of License.. A. No interest of 5 percent or more of a license issued pursuant to this chapter shall be assignable or transferable unless:1) The Commission has received notice in a manner determined by the Commission of the intent of the owner of the interest, or of the estate of the owner of the interest, to transfer or assign an interest in a license to another party;2) The transferee has had forwarded the criminal history record information
10.62.19.08.htm 10.62.19.08. 08 Change of Location.. A. A licensee may apply to change the location of the licensee’s operation.. B. The licensee shall submit an application to the Commission along with the fee specified in COMAR 10.62.35.C. A licensee may not begin dispensing or processing medical cannabis at a new location until all inspections have been passed.
10.62.19.09.htm 10.62.19.09. 09 Renewal of License.. A. A licensee is eligible to apply to renew a license every 2 years.. B. Ninety days before the expiration of a license, the Commission shall notify the licensee of the:. 1) Date on which the license expires;. 2) Process and the fee required to renew the license; and. 3) Consequences of a failure to renew the license.. C. At least 30 business days before a license expires a licensee shall submit:. 1) The renewal application as provided by the Commission;.
10.62.19.9999.htm 10.62.19.9999. Administrative History Effective date: September 14, 2015 (42:18 Md. R. 1176).
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