A. Every person with a duty to collect the excise tax imposed by this chapter shall obtain a tax license pursuant to the procedures set forth in PMC Title 6 and shall report such taxes collected on forms prescribed by the Finance Director and remit such taxes to the Town as set forth in the code.

B. Whenever a business entity that is required to be licensed under the code is sold, purchased, or transferred, so that the ownership interest of the purchaser or seller changes in any respect, the purchaser shall obtain a new tax license.

C. Every retail marijuana cultivation facility, optional premises cultivation operation, retail marijuana product manufacturing facility, and medical marijuana-infused products manufacturer shall keep books and records according to the standards of the Finance Director and subject to the Finance Director’s right to audit. (Ord. 736 §2, 2017)