California Cannabis Consulting
California Cannabis Owners

Permit Licensing Law & Compliance for California Cannabis Owners, 2019 Essential News, Information & Updates


California Cannabis Owner Disclosures


Frequently Asked Questions

Are there exceptions to financial interest holders being required to named in applications?

Banks are not required to be named.

Do licensees need to identify an owner?

Yes, the business must have at least one owner and the owners must be identified.

What constitutes a financial interest in the cannabis business?

A loan, investment, or any other equity into the cannabis business shall constitute a financial interest.

What information is required from person with financial interests in the cannabis business?

For non-owners that have a financial interest, the following information must be included for each person:
• Name
• Birthdate
• Government issued ID Number

Are fingerprints required of the owner?

Yes, the owner(s) must submit their fingerprints to the Department of Justice.

Do people with financial interests in the business have to disclose this on the application?

Yes, any person with financial interests must be disclosed.

If owner has history of criminal conviction, can owner offer evidence of rehabilitation?

Yes, owner can provide evidence of rehabilitation with the application.


Resources:

Cannabis Advising Partners: for Cannabis Compliance and Consulting







California Universal Symbol for Cannabis


California Universal Symbol for Cannabis

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