(A) Each license expires 1 year from the date of issuance and may be renewed only by making application as provided in § 114.06. Application for renewal must be submitted at least 30 days before the expiration date. The license holder must continue to meet the license requirements to be eligible for a renewal.
(B) The renewal fee is $5,000. The town will reimburse $2,500 for applicants who fail to obtain a renewal of their registration certificate from the Department.
(C) Failure to renew a license in accordance with this section may result in additional fees. Upon expiration of the license, the town may order closure of the cannabis establishment.
(D) If a license holder has not operated an establishment for which it holds a license in the preceding 12 months, the license will not be renewed.
(Ord. passed 9-1-2021) Penalty, see § 114.99