The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
What is the Annual Financial Statement (AFS)?
Rule 20 of the Marihuana Licenses rules - R 420.20 requires adult-use establishment licensees to annually submit to the Cannabis Regulatory Agency (CRA) financial statements of the licensee's total operations in a manner and form determined by CRA. The CRA has created an annual financial statement form report that must be utilized. No other type of report format will be accepted. The Contact Authorization - Adult-Use AFS form must also be submitted with the AFS report. Reporting periods and annual requirements are announced by bulletin. The current bulletin may be found here. The AFS report form can be found here. The Contact Authorization - Adult-Use AFS form can be found here. The CPA Attestation of Practice Authority form can be found here.