Pennsylvania Code
Title 28 - HEALTH AND SAFETY
Part IXa - MEDICAL MARIJUANA
Chapter 1211a - CLINICAL REGISTRANTS AND ACADEMIC RESEARCH CENTERS
Section 1211a.24 - Capital requirements

Universal Citation: 28 PA Code ยง 1211a.24

Current through Register Vol. 54, No. 44, November 2, 2024

An 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.

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