In general Every person, before commencing business as a cannabis enterprise, and at such other time as the Secretary shall by regulation prescribe, shall make application for the permit provided for in section 5923. The application shall be in such form as the Secretary shall prescribe and shall set forth, truthfully and accurately, the information called for on the form. Such application may be rejected and the permit denied if the Secretary, after notice and opportunity for hearing, finds that— (1) the premises on which it is proposed to conduct the cannabis enterprise will not be adequate to protect the revenue after commencing operations, or (2) such person (including, in the case of a corporation, any officer, director, or principal stockholder and, in the case of a partnership, any partner) has failed to disclose any material information required or made any materially false statement in the application therefor. 5923. Permit (a) Issuance A person shall not engage in business as a cannabis enterprise without a permit to engage in such business. Such permit, conditioned upon compliance with this chapter and regulations issued thereunder, shall be issued in such form and in such manner as the Secretary shall by regulation prescribe. A new permit may be required at such other time as the Secretary shall by regulation prescribe. (b) Suspension or Revocation (1) Show cause hearing If the Secretary has reason to believe that any person holding a permit— (A) has not in good faith complied with this chapter, or with any other provision of this title involving intent to defraud, (B) has violated the conditions of such permit, (C) has failed to disclose any material information required or made any material false statement in the application for such permit, or (D) has failed to maintain their premises in such manner as to protect the revenue, the Secretary shall issue an order, stating the facts charged, citing such person to show cause why their permit should not be suspended or revoked. (2) Action following