Equity Joint Ventures
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Equity Joint Venture
An Equity Joint Venture is a business entity, partnering with a licensed medical marijuana producer or medical marijuana dispensary facility, that is at least 50% owned and controlled by an individual or individuals, or the applicant is an individual, who meet certain requirements..
Definitions Licensing Frequently Asked Questions Social Equity Definitions Equity Joint Ventures -
Can a final license be issued to a cannabis establishment that is part of an Equity Joint Venture if the sponsoring establishment (producer, dispensary facility, or cultivator) holds a provisional license, but not a final license?
A final license may be issued to an Equity Joint Venture sponsored by a producer, dispensary facility or cultivator holding a provisional license so long as all licensing requirements have been satisfactorily met by the Equity Joint Venture .
Licensing - Lotteries and Application Information Licensing Frequently Asked Questions Equity Joint Ventures Policies Procedures and The Law -
Are there limits to the number of Equity Joint Ventures a producer or dispensary facility can partner with?
A producer, DIA cultivator or dispensary facility can partner with no more than two Equity Joint Ventures.
Licensing Frequently Asked Questions Social Equity Council Equity Joint Ventures