Cannabis Licenses definition

Cannabis Licenses means (i) the operational medicinal and adult-use retailer licenses granted to the Companies by the California Bureau of Cannabis Control and Department of Public Health, and (ii) each other Permit issued to Companies by any Governmental Authority in connection therewith.

Cannabis Licenses means the three licenses received from Health Canada under (or as migrated to, as applicable) the Cannabis Act: (i) a Cultivation License; (ii) a Standard Processing License; and (iii) a Sale for Medical Purposes License, each of which have been forfeited by the Corporation.

Cannabis Licenses mean any and all temporary, provisional, or permanent, permit, license or authorization from, or registration with, any government authority that regulates the cultivation, harvesting, production, processing, marketing, distribution, sale, possession, transportation or transfer of cannabis or related products in the relevant jurisdiction, whether for medicinal or recreational use.

Examples of Cannabis Licenses in a sentence

• As of the Closing Date, the Cannabis Licenses are valid, current, and in compliance with all Laws and Borrower has delivered true and correct copies of each Cannabis License to the Lenders.

• Until the Maturity Date, Borrower shall cause the Loan Parties to maintain the Cannabis Licenses in compliance in all material respects with all Laws and free from Liens, to renew any Cannabis License before its expiration date, and to otherwise take all actions reasonably required to maintain the Cannabis Licenses in good standing.

• Except as otherwise permitted under Section 6.08, at all times preserve and keep in full force and effect its existence and all rights and franchises, licenses and permits material to its Core Business; provided that this Section 5.02 shall not be deemed to expand, limit or otherwise modify the covenants set forth in Section 5.20 with respect to the Cannabis Licenses.

• No Loan Party has applied for or is currently seeking approval of any new Cannabis License other than the Cannabis Licenses set forth on Schedule III; provided that, with respect to a suspension or threat of suspension of a Cannabis License, the foregoing representation applies only to a suspension or threat thereof that the Parent is required to report in a public filing to the Securities and Exchange Commission or the Ontario Securities Commission.

• The Second Closing shall occur concurrently with, or as soon as practicable after, the first renewal of any Cannabis Licenses of the Company issued by the City of Santa Xxx to occur after the First Closing Date.

More Definitions of Cannabis Licenses

Cannabis Licenses means the local and state licenses, permits, and any other authorizations required for Licensee to conduct the Commercial Cannabis Activity on the Licensed Premises.

Cannabis Licenses means the Cultivation License, the Manufacturing License, the Medical License and the Retail Licenses.

Cannabis Licenses means the licenses of the Company, its Subsidiaries and Partnerships listed on Schedule “B”, as applicable;

Cannabis Licenses means the material documents and correspondence relating to the licenses issued pursuant to the Access to Cannabis for Medical Purposes Regulations, the Narcotic Control Regulations and/or the Cannabis Act, as applicable, to the Company, its Subsidiaries and Partnerships as listed on Schedule 8.

Cannabis Licenses has the meaning set forth in Section 4.08(b). “Cap” has the meaning set forth in Section 10.04(b).

Cannabis Licenses means collectively the Health Canada Licenses and the EU-GMP License.

Cannabis Licenses means, collectively, license number LIC-8YNO80ULJ0-2021 and license number LIC-OO6BFAVH3G-2021 issued to SubCo under the Cannabis Act;