Discuss thespecific legal and regulatory steps of a retail cannabis business in Arizona : how it is formed, how you will limit your exposure to liability, also describe the management structure, continuity of doing business, and how it is taxed. in your text address the following:

• Creation (legal formation) - Discuss the specific legal and regulatory steps to form your business organization - and what documents and to which particular legal/governmental agencies do you have to file an application or other legal paperwork (include the websites in the reference section).
• Continuity - How does your business form preserve the continuity of doing business (i.e. is your business form affected by what happens to you as the owner or not)?
• Management - What are the management options available in your business form and discuss which option you would choose and why?
• Liability (limit exposure to liability) - How will your business form limit your exposure to liability (if possible) - or are there other ways - including business insurance to protect your personal assets?
• Taxation - How is your business form legally taxed - is this beneficial or not? Explain.
• Include all of your links and other governmental agency website links in the references section in number #7.

Determine if your business requires any specific licensing. The licenses and permits you need from the state, county, or city will depend on your business activities andbusiness location. Your business license fees will also vary. Specify what type of license (s) you require, and note where and how you will obtain these licenses. For example, if you intend to operate a hair salon, you will need to obtain a cosmetology salon license from the Arizona State Board of Cosmetology at azboc.gov. Also, refer to the Arizona Commerce Authority website for further guidance: https://www.azcommerce.com/small-business/quick-links/business-licensing/