The order revokes the company’s and individual’s medical cannabis dispensary license, requiring the immediate closure of Pono Life Sciences’ medical cannabis production and retail operations.
The NOVO was issued due to the licensee’s ongoing failure to submit annual independent financial audits as required by chapter 329D, Hawai‘i Revised Statutes and chapter 11-850, Hawai‘i Administrative Rules .
Section 11-850-102, HAR, provides that upon revocation of a dispensary license, a licensee shall immediately cease dispensing cannabis and manufactured cannabis products and cease all operations in dispensary facilities.