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4. Municipal Cannabis Dispensary, Draft Feasibility Study <br /> The City Administrator introduced the representatives present from Great White <br /> Companies MN, Bill Parker and Colin Kelley. As well as their Corporate Attorney Kirsten <br /> Libby. <br /> Mr. Parker and Mr. Kelley provided an overview of the draft Municipal Cannabis Retail <br /> Store Feasibility Study. <br /> Mr. Parker and Mr. Kelley stated that Great White Companies MN offers a business <br /> model that is a partnership with the city, to operate the business, secure and manage <br /> inventory, and assist with securing a state license and site selection. <br /> The Council reviewed the different aspects of a retail store operations contract and the <br /> timing and conditions of a potential RFP. <br /> The Community Development Director stated that the next steps are for the Economic <br /> Development Advisory Committee (EDAC) to meet with Great White Companies to <br /> review the draft Feasibility Study. After which staff will meet with the consultant to <br /> discuss the draft. A final Feasibility Study will be prepared after that by the consultant <br /> and presented to the City Council. The City may then issue an RFP if this item moves <br /> forward for a contract for retail operations services. <br /> 5. Notices and Communications <br /> Mayor Rafferty reported that he attended a recent Vadnais Lake Area Water <br /> Management Organization (VLAWMO) meeting. <br /> Councilmember Stoesz reported that the North Metro TV Cable Commission is working <br /> on the 2026 budget. <br /> 6. Adjournment <br /> Mayor Rafferty adjourned the meeting at 7:15 p.m. <br /> These minutes were approved at the regular Council Meeting on July 14, 2025. <br /> Roberta Colotti, CMC Rob Rafferty, <br /> City Clerk Mayor <br /> Page 2 of 2 <br /> Page 30 of 240 <br />