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I own multiple licensees that have common ownership. Can I submit one Annual Financial Statement (AFS) report that includes all my licensees that are commonly owned?

I own multiple licensees that have common ownership. Can I submit one Annual Financial Statement (AFS) report that includes all my licensees that are commonly owned?

Schedules are provided for each procedure and must be completed as indicated in the AFS requirements/instructions. Please note:

  • The schedules are to be used by all license types, and the procedures are to be conducted collectively on all licenses to be reported so that only one schedule is completed.
  • The schedule for total revenue should be completed based on license type. Please note, stacked grower class c licenses at a single location, should be conducted collectively.

Procedure Sheet

Licenses Covered

Schedule of Total Revenue - Grower, Processor

Only Grower and Processor licenses

Schedule of Total Revenue - Retailer/Provisioning Center, Microbusiness

Only Retailer/Provisioning Center and Microbusiness licenses

Schedule of Total Revenue - Safety Compliance Facility, Secure Transporter

Only Safety Compliance Facility and Secure Transporter licenses

Schedule of Expenditures - Real Property Agreements

All licenses

Schedule of Expenditures - Financing Agreements

All licenses

Schedule of Expenditures - Management Agreements

All licenses

Schedule of Expenditures - Licensing Agreements

All licenses

Schedule of Expenditures - Service Vendors

All licenses

Schedule of Expenditures - Other Vendors

All licenses

Schedule of Distributions - Ownership

All licenses

Schedule of Distributions - Employee

All licenses