Minnesota Administrative Rules
Agency 144 - Health Department
Chapter 4770 - MEDICAL CANNABIS
Part 4770.2700 - MEDICAL CANNABIS MANUFACTURER; FINANCIAL EXAMINATIONS; PRICING REVIEWS
Universal Citation: MN Rules 4770.2700
Current through Register Vol. 49, No. 13, September 23, 2024
A. 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.
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