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11/6/2025 <br />7 <br />PRIORITIES & TIMELINE <br />Store Buildout and Renovations <br />Priority One: Marketplace Rebuild & Cannabis Store Buildout <br />Deadline: May 31, 2026 <br />Floors, paint, fixtures, secure product area <br />Ordering kiosk and software platform <br />Gathering Space <br />Architect <br />Priority Two: Silver Lake Village Renovation <br />Floors, paint, fixtures <br />Gathering Space <br />2026 Timeline <br />June 16, 2026 Opportunity: The renovated <br />Marketplace location has been selected to host a <br />gathering of National Beverage Alcohol Retailers <br />Conference attendees during the National Conference <br />held in Minneapolis in June 2026. <br />This exclusive event will convene retailers from across <br />the country, providing an exceptional opportunity to <br />highlight our best-in-class operations and strategic <br />business-building initiatives, while cultivating <br />connections with leading <br />retailers, suppliers, and <br />industry innovators nationwide. <br />June 16, 2026 Opportunity: The renovated <br />Marketplace location has been selected to host a <br />gathering of National Beverage Alcohol Retailers <br />Conference attendees during the National Conference <br />held in Minneapolis in June 2026. <br />This exclusive event will convene retailers from across <br />the country, providing an exceptional opportunity to <br />highlight our best-in-class operations and strategic <br />business-building initiatives, while cultivating <br />connections with leading <br />retailers, suppliers, and <br />industry innovators nationwide. <br />PRESENTATION RECAP <br />RECAP: Alignment with Saint Anthony Village Values <br />Community focus:Saint Anthony Village is known for its small-town charm and high quality of life. Expanding <br />municipal liquor operations to include cannabis sales aligns with a community-centered and education-based <br />approach, especially as it emphasizes safety, community benefit, and responsible use. <br />Why Cannabis:The City already operates municipal liquor stores, and residents are familiar with our revenue- <br />sharing model that supports local services. Updating and extending this trusted model to cannabis sales under <br />strict regulation is a logical evolution. <br />Two Stores. One Brand.Our stores have not undergone any significant updates or upgrades for 20 years. A fresh <br />look with a cohesive design will ensure both locations feel familiar, blend nostalgia with modern appeal and <br />provide an inviting atmosphere to encourage browsing and return visits. The goal will be to attract a new <br />generation of customers and reposition stores competitively. <br />Alignment with Saint Anthony Village Municipal Retail Operations and Values <br />14