Scoring Methodology

Canvyr grades every NJ cannabis operator from public records: the NJ CRC permitted list and enforcement resolutions, NJ UCC lien filings, DORES corporate status, the NJ tax-delinquency list, WARN notices, and Leafly activity. This is a public-records grade; it deepens every week as distress data accumulates.

License Renewal runway & regulatory standing

How much runway an operator has before license renewal, lowered when distress signals appear. NJ renews annually, so this leans on the expiry year and then drops for enforcement actions or liens lapsing soon.

AExpires 2027 or later, no distress

BExpires 2026 (renewal due this year)

CExpires 2025, or elevated distress

DHigh distress (recent enforcement or lien lapsing)

FLicense marked INACTIVE or missing

Footprint Vertical integration

How many distinct parts of the supply chain an operator runs: cultivation, manufacturing, retail, distribution. Duplicate license labels for the same capability (e.g. Retailer + Dispensing) are collapsed so breadth isn't double-counted.

A3+ distinct capabilities

B2 capabilities

C1 capability

FNo license types on record

Health Composite grade

An overall read: an operator's Footprint, lowered by its distress level (high −2 grades, elevated −1). A built-out operator with no trouble scores well; a distressed one is pulled down regardless of size.

AStrong footprint, no distress

BSolid footprint or minor signals

CSingle capability, clean record

DDistress dragging down a thin operator

FHeavy distress or no structure

Distress signals

Distress is what lowers an operator's License and Health grades. It rolls up independent public sources:

HighA CRC enforcement action on record, corporate status dissolved/forfeited/revoked, NJ tax delinquency, removal from the NJ permitted list, or an active UCC lien lapsing within 90 days.

ElevatedA Leafly menu gone stale (>45 days), a license expiry pulled earlier, a lost license capability, or a recent WARN layoff notice.

WatchActive secured-debt (UCC) filings on record, no negative signal yet.

Data sources

NJ CRC permitted list & enforcement resolutions: the operator directory plus every enforcement-action PDF (penalty, violations), refreshed weekly.
NJ UCC lien filings: secured-debt records, new filings flag capital events; filings lapsing soon flag distress.
NJ DORES corporate status: entity standing (active, dissolved, forfeited, revoked) refreshed on a rolling weekly cycle.
NJ Division of Taxation delinquency list: operators appearing on the published tax-delinquency list.
NJ DOL WARN notices: layoff and closure filings matched to operators (counted within 180 days).
Leafly activity: last menu-update date as a storefront-liveness signal where available.

Caveats

Most NJ operators are single-capability retailers, so a C Footprint is common and honest. Discrimination comes from the integrated top tier and the distressed bottom tier.
Distress coverage grows over time: the weekly change feed (delistings, expiry moves, capability changes), the UCC sweep, and enforcement parsing all accumulate; Leafly activity covers a subset of operators.
Scores are derived from public records, are not legal or investment advice, and may lag the official record.