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Help With Your Legacy Cannabis Applications

The below is an overview of what to expect on the Conditional Adult-use Retail Dispensary (CAURD) application when it opens. The list below is not exhaustive and is meant to give you an idea of the type of information and documents you will need to provide as a part of your Conditional Adult Use Retail Dispensary license application.


 Initial Steps - Questions and Basic Information:

1. Overall business plan and structure - General information to get to know the business and the potential client (how many stores you plan to open, their location, your business experience, short- and long-term goals, why you want the license, etc. . .)

Is the business a legal entity? EIN registration? LLC (or other similar structures) formed?

2.  Lease/Rental Agreements, Contracts/transactional work, financing documents

Essentially Business Set-up and execution in order to prepare documents for application

3.  Ownership percentages and profit percentages (estimate or projection/prediction)


CAURD Business or CAURD Non-Profit

Business Qualifications - 30% of applicant owned by:

1. Justice Involved

2. Qualifying Business Experience and Proof of Ownership

3. Sole Control of Applicant (in initial consultation you must clarify who                 this will be)

4. Significant Presence in NYS 


Non-Profit Qualifications
  •  IRS Form 990 or 990N of the qualifying non-profit IRS Exemption Letter of the qualifying nonprofit
  • Audited financial statements for the qualifying nonprofit and social enterprise
  •  Proof of the marihuana-related offense conviction of the justice involved board member of the qualifying nonprofit, such as a certificate of disposition, a record of judgment and conviction, or an arrest record
  • Organizational chart showing control of the applicant
  • Annual reports or other similar documents showing the qualifying nonprofit’s programming.

All Qualifications

Must Disclose all true parties of interest including persons that are:

-  sole proprietors, partners, LLC members, LLC managers, shareholders, and their spouses

-  control over a licensee

-  holding an actual or future right to ownership, or investment or compensation, including by stock, convertible bond, note, warrant, option, SAFE, equity swap agreements over a licensee

- serving in a leadership, senior, or control position, such as a member, manager, president, vice president, secretary, treasurer, officer, board member, trustee, director, or a person with equivalent title or position in a licensee, and their spouses

-holding a revenue sharing agreement or a right to gross profit or net profit

- guarantee the debts of the licensee

Proof of Residence at time of marihuana-related offense through documentation such as a Driver’s License, Non-Driver ID Card, Learner Permit, Bank or Credit Card Statement, or a Lease agreement

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