Section 333.27701 – Financial Statements.
333.27701 Financial statements. Sec. 701. Every 3 years, or a shorter time period as determined by the marijuana regulatory agency, a licensee shall transmit to the marijuana regulatory agency and to the municipality financial statements of the licensee’s total operations. The financial statements must be reviewed by a certified public accountant in a manner and […]
Section 333.27702 – Report.
333.27702 Report. Sec. 702. The board shall submit with the annual report to the governor under section 302(l) and to the chairs of the legislative committees that govern issues related to marihuana facilities a report covering the previous year. The report shall include an account of the board actions, its financial position, results of operation […]
Section 333.27801 – Marihuana Advisory Panel.
333.27801 Marihuana advisory panel. Sec. 801. (1) The marihuana advisory panel is created within the department. (2) The marihuana advisory panel consists of 17 members, including the director of state police or his or her designee, the director of this state’s department of health and human services or his or her designee, the director of […]
Section 333.27503 – Secure Transporter License.
333.27503 Secure transporter license. Sec. 503. (1) A secure transporter license authorizes the licensee to store and transport marihuana and money associated with the purchase or sale of marihuana between marihuana facilities for a fee upon request of a person with legal custody of that marihuana or money. It does not authorize transport to a […]
Section 333.27504 – Provisioning Center License.
333.27504 Provisioning center license. Sec. 504. (1) A provisioning center license authorizes the purchase or transfer of marihuana only from a grower or processor and sale or transfer to only a registered qualifying patient or registered primary caregiver. Except as otherwise provided in section 505 and this subsection, all transfers of marihuana to a provisioning […]
Section 333.27505 – Safety Compliance Facility License; Exception for Industrial Hemp.
333.27505 Safety compliance facility license; exception for industrial hemp. Sec. 505. (1) In addition to transfer and testing authorized in section 203, a safety compliance facility license authorizes the safety compliance facility to do all of the following without using a secure transporter: (a) Take marihuana from, test marihuana for, and return marihuana to only […]
Section 333.27601 – Provisioning Center; Imposition of Tax; Rate; Administration.
333.27601 Provisioning center; imposition of tax; rate; administration. Sec. 601. (1) A tax is imposed on each provisioning center at the rate of 3% of the provisioning center’s gross retail receipts. By 30 days after the end of the calendar quarter, a provisioning center shall remit the tax for the preceding calendar quarter to the […]
Section 333.27602 – Medical Marihuana Excise Fund.
333.27602 Medical marihuana excise fund. Sec. 602. (1) The medical marihuana excise fund is created in the state treasury. (2) Except for the application fee under section 401, the regulatory assessment under section 603, and any local fees, all money collected under section 601 and all other fees, fines, and charges, imposed under this act […]
Section 333.27603 – Regulatory Assessment.
333.27603 Regulatory assessment. Sec. 603. (1) A regulatory assessment is imposed on certain licensees as provided in this section. All of the following shall be included in establishing the total amount of the regulatory assessment established under this section: (a) The department’s costs to implement, administer, and enforce this act, except for the costs to […]
Section 333.27604 – Marihuana Regulatory Fund.
333.27604 Marihuana regulatory fund. Sec. 604. (1) The marihuana regulatory fund is created within the state treasury. (2) The application fee collected under section 401 and the regulatory assessment collected under section 603 must be deposited into the marihuana regulatory fund. The state treasurer shall direct the investment of the fund. The state treasurer shall […]