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Guam: Department of Revenue and Taxation Announces “a new application is available for businesses seeking to be a part of the local adult-use cannabis industry.”

The Department of Revenue and Taxation has announced in a press release that a new application is available for businesses seeking to be a part of the local adult-use cannabis industry.

As part of a six-step process, companies can now obtain a cannabis establishment license, the department stated in the release. The application, called form DRT-CELA will be available online at www.guamtax.com and at DRT’s Compliance Branch, located at its Barrigada Heights office. The new license is the fourth of six steps needed to be a fully permitted cannabis business. The process also requires clearance from other regulatory agencies outside of DRT.

The 6 steps to obtain a cannabis business license are:

  • Filing organizational documents with DRT’s business license branch.
  • Applying for a responsible official cannabis identification card.
  • Obtaining a cannabis administrative business license at DRT’s business license branch using Form BL-02C.
  • Applying for a cannabis establishment license.
  • Applying for a permit to operate.
  • Obtaining a cannabis business license and subsequently terminating the administrative business license.

Read more. https://www.postguam.com/news/local/application-for-cannabis-establishment-license-now-available-at-drt/article_e70928f4-68a4-11ed-9c61-57c01c2efc39.html?mc_cid=0a28258061

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