Cannabis Consulting
California Cannabis Owners

Career Licensing Law & Compliance for California Cannabis Owners, 2019 Career News, Information & Updates

California Cannabis Owner Disclosures

Frequently Asked Questions

What are the requirements to be an owner of the cannabis business?

The following is considered to be an owner:

• CEO of an entity
• Person with interest of at least 20%
• A nonprofit board of director's member
• Person involved with management of business

Are there exceptions to financial interest holders being required to named in applications?

Banks are not required to be named.

Are fingerprints required of the owner?

Yes, the owner(s) must submit their fingerprints to the Department of Justice.

Are owners required to disclose any criminal convictions?

Yes, owners are required to disclose any criminal convictions.

If owner has history of criminal conviction, can owner offer evidence of rehabilitation?

Yes, owner can provide evidence of rehabilitation with the application.

Do licensees need to identify an owner?

Yes, the business must have at least one owner and the owners must be identified.

What information is required from person with financial interests in the cannabis business?

For non-owners that have a financial interest, the following information must be included for each person:
• Name
• Birthdate
• Government issued ID Number


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California Universal Symbol for Cannabis

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