By Brandon Dunn
Wednesday morning the final of 10 advisory committees established by DHSS met at the Governor’s Office Building in Jefferson City to determine the weight and measure of nearly 50 questions related to the business plans of aspiring medical marijuana licensees in the state of Missouri.
The committee, comprised of Kelly Dyer with Missouri Chamber of Commerce and Industry, Rick Nichols, President of River Region Credit Union, Leslie Tanner with Central Bank, and Michael Lanahan from the Department of Economic Development, joined moderator Richard Moore to review, amend, and finalize questions 19-75 of the Facility License Application Questions Draft.
The approved and finalized text of the questions follows, original text of questions can be found here:
19 Provide documentation of sources of capitalization to demonstrate that you have sufficient liquid assets to successfully carry out the activities described in the application. Any capitalization claimed, may not be committed for another facility license application or any other purpose. Without evidence showing a lower amount of capitalization is adequate for your facility, the following amounts shall be considered satisfactory.
* For cultivation facility applicants – $300,000 * For dispensary applicants – $150,000* For infused product manufacturing facility applicants – $150,000* For transportation applicants – $150,000* For testing applicants – $200,000
(Critically Important)
20 Will the business have professional liability insurance? If yes, describe the anticipated insurer, policy terms, and limits. (Important)
21 Will the business have product liability insurance? If yes, describe the anticipated insurer, policy terms, and limits. (Important)
22 Will the business have business interruption insurance? If yes, describe the anticipated insurer, policy terms, and limits. (Slightly Important)
23 Will the business have property insurance, not including insurance to cover marijuana loss? If yes, describe the anticipated insurer, policy terms, and limits. (Slightly Important)
24 Will the business have property insurance to cover marijuana loss? If yes, describe the anticipated insurer, policy terms, and limits. (Slightly Important)
25 If a license is granted, does the business have a legal right (own, option to buy, lease, contingent agreement, etc.) to operate at the proposed location? If yes, describe and provide evidence. Include the length of time you have secured the business location and submit acknowledgement from the building owner if you do not own the premise. (Highly Important)
26 Describe your plan to address diversity, such as individuals belonging to a racial minority group as defined in section 37.013 RSMo, women, and/or veterans in ownership and/or staffing. (Important)
27 Describe your plan to maintain an adequate supply of marijuana? (Important)
28 Describe your plan to ensure safety and security of Qualifying Patients and the community. (Highly Important)
29 Describe your procedures to prevent diversion of medical marijuana into the illegal market. (Critically Important)
30 Describe your plan for making medical marijuana available to low income Qualifying Patients. (Highly Important)
*Per Richard Moore, low income info will be made available via patie...