If you really want to do this, my advice would be to work out a few different options that would make this thing worth your time, and his. Also, don't rush. Take your time, especially if you don't know this person very well. You need to get a feel for each other and decide if you can be in business together.
If you do make a deal, be as clear as possible on goals and roles. Put it all in writing. Partnerships are like marriages with a better chance of divorce. You need a good pre-nup.
A New Mexican transplant smoking and spicing up a suburban New York neighborhood.
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