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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person wishing to hold an ownership interest of 5% or greater in, or control of, a cannabis licensee shall submit to the Administration:
(1) an application that includes the name, address, and date of birth of the applicant;
(2) a statement signed by the applicant asserting that the applicant has not previously had a cannabis license or cannabis registration suspended or revoked;
(3) a State and national criminal history records check in accordance with § 36-505 of this subtitle;
(4) any information required by the Administration to complete an investigation into the background of the applicant, including financial records and other information relating to the business affairs of the applicant; and
(5) an application fee in an amount to be determined by the Administration in accordance with this subtitle.
(b) The Administration may deny an application if:
(1) the applicant:
(i) fails to submit the information required under subsection (a) of this section; or
(ii) has been convicted of or pleaded nolo contendere to a crime involving moral turpitude, whether or not any appeal or other proceeding is pending to have the conviction or plea set aside; or
(2) the Administration finds a substantial reason to deny the registration.
Cite this article: FindLaw.com - Maryland Code, Alcoholic Beverages and Cannabis § 36-502 - last updated January 01, 2025 | https://codes.findlaw.com/md/alcoholic-beverages-and-cannabis/md-code-al-bev-sect-36-502/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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