license
noun
formal permission from a governmental or other constituted authority to do something, as to carry on some business or profession.
Used to describe an action that will be fully completed or achieved by a specific point in the future.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The state will have licensed just a fraction of the applicants who applied to grow when stores first open.
From Seattle Times ● Jun. 30, 2014