Who can be considered an applicant for a Medical Marijuana Treatment Center License?
Posted on March 07, 2018 byWho can be an applicant to register for a Medical Marijuana Treatment Center License?
According to Florida Statute 381.986:
"An applicant for licensure as a medical marijuana treatment center must demonstrate:
1. That, for the 5 consecutive years before submitting the application, the applicant has been registered to do business in the state.
2. Possession of a valid certificate of registration issued by the Department of Agriculture and Consumer Services pursuant to s. 581.131.
3. The technical and technological ability to cultivate and produce marijuana, including, but not limited to, low-THC cannabis.
4. The ability to secure the premises, resources, and personnel necessary to operate as a medical marijuana treatment center.
5. The ability to maintain accountability of all raw materials, finished products, and any byproducts to prevent diversion or unlawful access to or possession of these substances.
6. An infrastructure reasonably located to dispense marijuana to registered qualified patients statewide or regionally as determined by the department.
7. The financial ability to maintain operations for the duration of the 2-year approval cycle, including the provision of certified financial statements to the department."
To put some of that in clear and simple english, there are a few things that you need to have/prove in order to be a qualified applicant for an MMTC license:
• Be vertically integrated (you must prove you are able to cultivate, process, and dispense medical cannabis)
• Have been registered to do business in the state for at least 5 consecutive years before submitting an application
• Possess a valid certificate of registration issued by the Department of Agriculture and Consumer Services pursuant to s. 581.131 F.S.
• Upon approval, post a $5 million performance bond issued by an authorized surety insurance company