Rule 3796:6-2-14 | Procedure for discontinuing business as a medical marijuana dispensary.
(A) A dispensary that plans to discontinue business activities shall file a written notice with the board of pharmacy. The written notice shall be submitted to the board at least thirty calendar days in advance of the proposed date of discontinuing business, unless waived by the board's executive director or the director's designee due to extraordinary circumstances beyond the licensee's control. This notice shall include the following information:
(1) The name, address, and dispensary certificate of operation number of the licensee discontinuing business;
(2) The time, date and licensed employees who will destroy the remaining stock of medical marijuana and medical marijuana products;
(3) The name and address where the records of purchasing and dispensing will be kept in conformance with rule 3796:6-3-17 of the Administrative Code; and
(4) The proposed date of discontinuing the business.
(B) A licensed dispensary that is discontinuing its business may negotiate with a licensed processor for a one-time transfer of remaining medical marijuana inventory to another licensed dispensary. Such transfer and sale must be appropriately reflected in the state inventory tracking system.
(C) Upon discontinuing a business, the medical marijuana dispensary shall destroy the certificate of operation and all dispensary employee cards.
(D) Storage and transfer of records. If a dispensary closes due to insolvency, revocation, bankruptcy, or for any other reason, all records must be preserved at the expense of the dispensary for at least three years in a form and location in Ohio that is acceptable to the state board of pharmacy. The dispensary shall keep the records longer if requested by the state board of pharmacy. The dispensary shall notify the state board of pharmacy of the location where the dispensary records are stored or transferred.
Last updated December 10, 2021 at 8:56 AM
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