The last day to file an application for a Dispensary Registration Certificate for an Arizona medical marijuana dispensary is May 25, 2012, at 5:00 p.m. Today is what I am calling “Bank Day,” the last day on which the entity applying for the dispensary registration certificate or a principal officer of the entity may deposit $150,000 in a bank or financial institution. The Rules and the Arizona Department of Health Services say:
“The documentation must be dated within 30 days before submitting the application and demonstrate that the entity applying for the dispensary registration certificate or a principal officer of the entity has at least $150,000 under their control and has had control of the monies for at least 30 days before submitting the application.”
Today, April 25, 2012, is 30 days before May 25, 2012.
