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How do I know if my Annual Financial Statement (AFS) Report has been approved?
The Agency does not approve or deny AFS Reports. However, once the Financial Compliance Section has fully reviewed the AFS report and all deficiency documents/responses, the licensee will receive a letter via email notifying them that the Agency has reviewed their AFS report. If the Agency determines that the requirements of the AFS were not met and/or information identified during the review of the AFS is in possible violation of the Medical Marihuana Facilities Licensing Act and/or associated administrative rules, a referral may be made to Licensing for licensing issues, Operations Support Section for METRC issues/errors, Enforcement for possible investigation and/or disciplinary action, or the Michigan Department of Treasury for tax compliance review. If any further action is required by the licensee after receiving the letter, the licensee will be contacted.