[brief] Locating and securing the Property for [...] and beginning the City of Hoboken’s application approval process was an exceptionally difficult task, requiring considerable time, effort, and resources.  Beginning in spring of 2021, the principals of [...] spent several months unsuccessfully searching Hudson, Bergen, and Union counties for available properties within the few limited cannabis-approved zones.  (Da123.)  In September 2021, after months of searching, [...] identified a potentially suitable location for the micro-dispensary: the Property.  On September 25, 2021, the principals of [...] made their first contact with the real estate broker for the Property.  (Da439.)  After conducting the first site visit on September 29, 2021, [...] immediately executed the broker’s letter of intent and submitted same to the owner of the Property.  (Id.)  On October 21, 2021, the principals of [...] conducted a second site visit and answered several of the Property owner’s questions concerning cannabis and the business.  (Id.)  In early October 2021, [...] also began vetting cannabis bank account options and engaged [...] to discuss insurance needs for the Property.  (Id.)  Shortly thereafter, [...]: (i) sent introductory emails to certain Councilmembers and held introductory calls, (ii) attended Hoboken City Council meetings where [...] announced its intention to operate at the Property, and (iii) began the onboarding and diligence process with [...].  (Id.)  In November 2021, [...] continued to provide updates to the Property owner regarding its cannabis application process and prepared a bespoke “option to lease” agreement for the Property.  (Id.)  [...] also continued to correspond with Councilmembers to provide updates regarding the process.  (Id.)  Also in November 2021, [...] reached out to Hoboken’s local zoning officials to inquire about the opening of Hoboken’s cannabis application process.  (Id.)  On December 1, 2021, [...] made its first contact with the attorney for the CRB – [...] – via telephone to discuss the opening of the Hoboken cannabis application process and the imminent timing for same.  (Id.)  As a follow up to that telephone call, [...] provided [...] with [...]’ business background via email.  (Id.)  Throughout December 2021, in preparation of Hoboken’s forthcoming CRB application, the principals of [...] conformed its entire slate of Standard Operating Procedures to accommodate operations within the Property, which was roughly 85 pages of compliant operational documents that the principals prepared from scratch.  (Id.)  On December 31, 2021, the City of Hoboken posted its cannabis application on the website.  (Id.)  In January 2022, [...] continued to negotiate the proposed option to lease offer with the Property owner, however, those discussions transitioned to a negotiation of a full lease agreement.  (Da440.)  During that time, [...]: (i) completed and submitted an Environmental Impact Plan to the Hoboken Green Team, (ii) re-engaged its marketing and branding partner for website and social media development to begin community engagement, and (iii) obtained a letter of intent from its insurance broker ([...]) to satisfy the CRB application’s insurance requirement.  (Id.)  [...] also continued to correspond with the Hoboken Zoning Officer regarding its imminent CRB application at the Property.  (Id.)  **The CRB Deems [...]’ Application Complete**