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DISCUSSION FOR COUNCIL FEEDBACK <br />As a part of this discussion, Council may determine if the process of establishing a municipal cannabis dispensary <br />continues. Topics for discussion are: <br />Does operating a cannabis dispensary fit in the City’s and liquor stores mission and vision statement? <br />Benefits to the community by controlling the sale and generating revenue. <br />Business plan review from Modern Climate, Voyager Cannabis Services Division: <br />o Potential benefits and challenges of retail cannabis sales. <br />o Products we can legally sell. <br />o Demographics of consumers. <br />o Long term effect on alcohol sales after the introduction of retail cannabis sales. <br />Licensing through the Office of Cannabis Management begins in early 2025, and applications for municipal <br />operators is expected to open later in 2024. Staff is seeking direction from the Council on proceeding with the <br />analysis and application process, when available, to potentially open a retail cannabis dispensary. <br />ATTACHMENTS: <br />Presentation <br />Modern Climate Proposal