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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 />e���' r� <br />Roberta Colotti, CMC Rob fferty, <br />City Clerk N� or <br />Page 2 of 2 <br />