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Eatontown authorizes Borough Clerk to issue Class 5 cannabis retail license to East Coasting LLC at Michael's Plaza (contingent on CRC approval)
Summary
By consent resolution the council authorized issuance of a Class 5 cannabis retailer license for East Coasting LLC at Michael's Plaza, 178 Route 35, contingent on final Cannabis Regulatory Commission approval and subject to the representations in the borough application and continued reporting requirements if the license remains inactive.
The Borough Council approved Resolution 92-2026 authorizing the Borough Clerk to issue a Class 5 cannabis retailer license to East Coasting LLC to operate at Michael's Plaza, 178 Route 35, contingent on the Cannabis Regulatory Commission's final license issuance. The transcript recounts the borough's earlier ordinances authorizing cannabis businesses (Ordinance 19-2021 and Ordinance 16-2023) and records a prior 2022 Resolution of Support for the location; the adoption includes a requirement that East Coasting be bound by the representations in its borough application and provide updates to the council if the business is not operational within one year.
Council noted the license is conditioned on CRC final inspections and licensing and the Zoning Officer has issued a zoning permit for the location. The resolution directs copies be sent to East Coasting LLC and the Director of Planning and Zoning and includes lapsing/renewal language: if East Coasting is not operational within one year, the license lapses unless the licensee demonstrates good cause and provides three status updates to the council at nine, six and three months prior to lapse/renewal.
The resolution was approved as part of the consent agenda; final state licensing remains a prerequisite for a formal borough-issued annual license.
