Current through Register Vol. 54, No. 45, November 9, 2024
Section 1211a.24 - Capital requirementsAn applicant shall provide all of the following information with its application under § 1211a.27 (relating to application for approval of a clinical registrant):
(1) An affidavit, on a form prescribed by the Department, stating that the applicant has at least $15 million in capital, which must include evidence that the applicant meets the capital requirements of a medical marijuana organization under § 1141a.30 (relating to capital requirements).(2) A release sufficient to obtain information from a State governmental agency, financial institutions, an employer or any other person to verify the requirements of paragraph (1). Failure to provide a release will result in the rejection of the application for approval of a clinical registrant.Adopted by Pennsylvania Bulletin, Vol 53, No. 09. March 4, 2023, effective 3/4/2023