What is the Annual Financial Statement (AFS)?

Section 701 of the MMFLA requires licensees to annually submit to the Marijuana Regulatory Agency (MRA) financial statements of the licensee’s total operations in a manner and form determined by MRA.  The MRA has created an annual financial statement form report that must be utilized.  No other type of report format will be accepted.  The Annual Financial Statement (AFS) Contact Authorization form must also be submitted with the AFS. 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 AFS Contact Authorization form can be found here.