The Board may deny or cancel the registration of a pesticide if it finds after a public hearing that:
1. Considering the available information on the benefits of a product and any associated risks, use of the pesticide has demonstrated unreasonable adverse effects on the environment;
2. A false or misleading statement about the pesticide has been made or implied by the registrant or the registrant's agent in writing, verbally, or through any form of advertising literature; or
3. The registrant or the pesticide fails to comply with a requirement of this chapter or a regulation adopted hereunder.