(A) Expiration. Any business license issued under this chapter shall expire upon the transfer or sale of a majority interest in the business, or the discontinuation of the business for a continuous period of 30 days after opening. Any business license issued under this chapter shall expire upon the transfer or sale of such business.
(B) Suspension and revocation. All licenses issued under this chapter shall be suspended or revoked upon recommendation of the Mayor upon the Mayor's finding of the occurrence of any of the following events:
(1) A false statement by any licensee as to a material matter made in an application for license or in a hearing concerning the license;
(2) Conviction of any licensee for any crime referenced in § 126.07.
(C) The failure of an applicant for a marijuana cultivator & processing facility or a marijuana dispensary to commence operations within 180 days from receiving the license from the city may result in the license being revoked by the city.
(D) Any suspension or revocation under this section shall be subject to the appeals process set forth in § 126.05.
(Ord. 22-2024, passed 6-19-24)