A. Each license issued pursuant to this chapter shall be valid for one (1) year from the date of issuance, and may be renewed as provided in the Colorado Marijuana Code, the applicable administrative regulations, and this chapter; provided, however, that a license shall not be renewed if the licensing authority determines that the licensed premises have been inactive, without good cause, for at least one year.

B. The licensing authority may refuse to renew a license for good cause.

C. No license for a regulated marijuana business shall be renewed by the licensing authority until the licensee provides verification that a license was issued and granted by the state licensing authority pursuant to the Colorado Medical Marijuana Code for the previous license term.

D. Notwithstanding anything contained in this chapter to the contrary, a licensee has no vested right to the renewal of a license, and no property right in the renewal of a license. (Ord. 36, Series 2020; amd. Ord. 13, Series 2022. Formerly 4-14-15)