N.J. Admin. Code § 17:30-7.5

Current through Register Vol. 56, No. 21, November 4, 2024

Section 17:30-7.5 - Conditional cannabis business license acceptance and issuance

(a) If the Commission approves an applicant applying for a conditional license, the Commission shall provide the applicant with written notice of approval.

(b) Within five business days of receiving notice of approval, a license applicant shall notify the Commission as to whether:

1. It will accept the license; or

2. It will abandon the license, including if accepting the license would violate N.J.A.C. 17:30-6.8 or make the license applicant otherwise ineligible or if the circumstances of the license applicant have changed.

(c) Failure of the applicant to notify the Commission of its decision to accept or abandon the license shall result in the license being deemed abandoned.

(d) If the license applicant approved for the conditional license accepts the license and provides to the Commission the conditional application approval fee pursuant to N.J.A.C. 17:30-7:17, no later than 30 days after giving notice of approval, unless the Commission finds the applicant is not in compliance with this subchapter or the Commission is notified by the relevant municipality that the applicant is not in compliance with its ordinances or regulations in effect at the time of the application, the Commission shall issue the conditional license and provide the conditional license to the license applicant.

(e) The Commission shall provide, to a denied applicant, the processes available at N.J.A.C. 17:30-7.2(i), (j), and (k).

N.J. Admin. Code § 17:30-7.5

Adopted by 53 N.J.R. 1583(a), effective 8/19/2021

Amended by 55 N.J.R. 402(a), effective 3/6/2023