Friend offered me $20k/year to use my name for a cannabis certificate. Too good to be true? Need advice before signing a cannabis business contract

I don’t know if this is the right subreddit, but I could really use some outside perspective.

A friend of mine recently reached out about an opportunity that has me feeling pretty conflicted. She and her fiancé are starting a cannabis farm/company (it’s a newly formed business). From what she explained, there are certificates or licenses that limit how many plants can be grown, and they have two certificates they want to put in someone else’s name.

She said she thought of me because she trusts me. Apparently her fiancé originally wanted to use his friends, but she wanted to give the opportunity to a woman from our hometown instead. She also mentioned she couldn’t use her sister because her sister isn’t a U.S. citizen.

Here’s the part that gives me pause: I wouldn’t actually be doing any work. They would run everything, and I would supposedly receive about $20,000 per year. She said I should be getting a contract today.

For some background, I’m a college student graduating this fall with a Bachelor of Science. My friend has a degree in chemical engineering, so I don’t think she’s unintelligent or trying to scam people. I genuinely don’t think she’d intentionally do me wrong. In fact she used to work at the same company as my husband, so she also knows him and he’s taken over some of her processes from the past.

That said, this almost sounds too good to be true. If this is such a profitable opportunity, why wouldn’t they just keep the certificate and the income for themselves? Why do they need my name on it? And what legal or financial responsibilities would I have if my name is attached to a cannabis business?

I’m worried about how this could affect my future. I plan on applying to PA school after graduation, and I don’t want to accidentally put myself in a position where I’m legally responsible for something I don’t fully understand. I have been aware of her being in this industry because we talked about the last time we went for coffee, she’s very passionate about it and is excited.

Has anyone dealt with something like this? What questions should I be asking before I even consider signing anything? Are there any major red flags I’m overlooking? And she did offer the other certificate to someone else that we both know.