Minn. R. agency 144, ch. 4770, pt. 4770.2700
Current through Register Vol. 49, No. 18, October 28, 2024
Part 4770.2700 - MEDICAL CANNABIS MANUFACTURER; FINANCIAL EXAMINATIONS; PRICING REVIEWSA. A medical cannabis manufacturer must maintain financial records in accordance with generally accepted accounting principles and, upon request, must provide any financial records to the commissioner.B. The commissioner shall request an additional audit of the medical cannabis manufacturer, of the same time period, if the commissioner finds one or more of the following: (1) credible evidence or allegations of financial reporting irregularities not revealed in the annual certified financial audit; or(2) reasonable cause to believe there are operational or compliance concerns involving financing, budgeting, revenues, sales, or pricing.Minn. R. agency 144, ch. 4770, pt. 4770.2700