§ 36-502
202 words·~1 min read·
/md/alcoholic-beverages-and-cannabis/36-502·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§36–502.
(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.