Financial Statements

How to Get In the Legal Cannabis Industry Without Being a Supplemental ApplicantĀ 

2020-01-16T10:53:26-05:00January 17th, 2020|

The supplemental individual prequalification application for a medical cannabis facility license consists of 8 disclosures, including: 1 year of financial information, 3 years of tax compliance, criminal history, 7 years of litigation history, and more. The supplemental individual prequalification for an adult-use/recreational marijuana business has fewer requirements such as disclosure of 12 months of tax [...]

Annual Financial Statements Required by the MRA for FY 2019

2019-12-09T15:23:12-05:00November 11th, 2019|

The Michigan Marijuana Regulatory Agency (MRA) recently issued a bulletin to announce the required annual financial statements for fiscal year 2019, pursuant to Section 701 of the Medical Marihuana Facilities Licensing Act (MMFLA). This much anticipated guidance outlines the financial reporting requirement for licensees. Filing the Annual Financial Statements Per the MRA bulletin, requirements for [...]