In this section, “Festival” means: the Worcester County Beer and Wine Festival; or a similar festival featuring beer and wine that the Board approves. There is a beer and wine festival license. The Board may issue not more than three festival licenses each year. The Board may issue the license to a holder of a retail license, Class 3 winery license, or Class 4 limited winery license. The license authorizes the holder to display and sell: wine that is: manufactured and processed in any state; and distributed in the State when the license application is filed; and beer that is brewed by a brewer: that brews less than 60,000 barrels of beer annually; and whose product is distributed in the State when the license application is filed. A license holder shall display and sell beer and wine: at retail for on– and off–premises consumption; and during the hours and days designated for the festival. The Board: each year may choose one weekend, Friday through Sunday inclusive, for each Festival; may not choose a weekend for each Festival that is the same weekend as the Maryland Wine Festival in Carroll County; shall choose a location that is not already licensed; and shall ensure that the primary focus of the Festival is the promotion of Maryland beer and wine. The license holder may hold another license of a different class or nature. Beer and wine displayed and sold shall be: invoiced to the license holder by a licensed wholesaler, Class 3 winery, or Class 4 limited winery; and delivered to each festival from the licensed premises of the wholesaler, Class 3 winery, or Class 4 limited winery. A holder of a wholesale, Class 3 winery, or Class 4 limited winery license may enter into an agreement with the license holder to: deliver beer and wine not earlier than 2 days before the effective date of the license; and accept returns not later than 2 days after the expiration date of the license. The Board may set the license fee. The Board shall adopt regulations to carry out this section.