W. Va. Code R. § 64-109-12

Current through Register Vol. XLI, No. 45, November 8, 2024

Section 64-109-12 - Application for approval of a change in ownership of a medical cannabis organization

12.1. In the event of an impending change in ownership of a medical cannabis organization from the ownership listed in the initial permit application or a permit renewal application, the medical cannabis organization must submit an application for approval of a change in ownership, on a form prescribed by the bureau, to the bureau together with the fee required under section 5 (Fees).

12.2. The bureau, in its sole discretion, may permit the medical cannabis organization to incorporate by reference all of the information in the medical cannabis organization's initial permit application, and any previously submitted permit renewal application, into the application for approval of a change in ownership.

12.3. A medical cannabis organization's application for approval of a change in ownership will not be considered complete by the bureau until all portions of the application are completed and the appropriate application fee contained in section 6 is submitted. The bureau may reject an incomplete application.

12.4. For each individual that is part of the proposed change in ownership, the medical cannabis organization must include all of the information required under section 6 (Initial permit application) for the individuals listed in those capacities in the medical cannabis organization's initial permit application or any previously submitted permit renewal application.

12.5. If the bureau determines that an application for approval of a change in ownership is lacking sufficient information upon which to make a determination, the bureau will notify the medical cannabis organization in writing of the factors that require additional information and documentation. The medical cannabis organization has 30 days from the mailing date of the notice to provide the requested information and documentation to the bureau. A medical cannabis organization's failure to provide the required information and documentation to the bureau by the deadline may be grounds for the denial of approval for the requested change in ownership.

12.6. A change in ownership of a medical cannabis organization that occurs without the bureau's prior written approval of the change as provided in this section is a violation of the Act and these rules.

W. Va. Code R. § 64-109-12