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A. Marijuana businesses are required to renew their marijuana business license annually with the finance department. In order to renew their license a marijuana business must:

1. Provide a copy of the state of Alaska marijuana business license renewal issued by the Alaska Marijuana Control Board; and

2. Pay license renewal fee per KIBC 5.02.100.

B. Marijuana business license renewal must occur prior to August 31st each calendar year. On or before June 30th each year, the finance director shall send written renewal notices to licensees at the address on file with the finance department.

C. A licensee is not excused from filing a renewal application as required in this section, even if the licensee fails to receive a renewal notice from the finance director.

D. Exceptions to subsection B of this section may be made on a case by case basis, based on the status of the marijuana business’s license renewal application with the Alaska Marijuana Control Board. [Ord. FY2017-27 §2, 2017].