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HomeMy WebLinkAboutCC WS PACKET 11262024CITY OF SAINT ANTHONY VILLAGE WORKSESSION AGENDA Tuesday, November 26, 2024 at 5:30PM Members of the public who wish to attend the meeting may do so in person. Minutes Approval Of CC WS Meeting Minutes WS 10 -15 -2024.PDF WS 11 -12 -2024.PDF Worksession Topics Municipal Cannabis Mike Larson, Liquor Operations Manager, presenting. COVER MEMO.PDF PRESENTATION.PDF Future Worksession Dates, Times And Agenda Items Future Agenda Items FUTURE AGENDA ITEMS.PDF Adjournment If you would like to request special accommodations or alternative formats, please contact the City Clerk at 612 -782 -3313 or email city@savmn.com . People who are deaf or hard of hearing can contact us by using 711 Relay. Our Mission is to promote a high quality of life to those we serve through outstanding city services. 1. A. Documents: 2. A. Documents: 3. A. Documents: 4. 1 THIS PAGE LEFT INTENTIONALLY BLANK 2 City of St. Anthony CITY COUNCIL WORK SESSION Minutes October 15, 2024 Roll Call: Mayor & Council: Mayor Wendy Webster, Councilmembers Lona Doolan and Nadia Elnagdy Absent: Councilmembers Jan Jensen and Thomas Randle Planning Commission: Commissioners Corey Erickson, Jennifer Gaveske and Barbara Anderson Absent: Chair Meredith Socha, Commissioners Paul Morita, Brian Rude and Minerva Hark Staff: City Manager Charlie Yunker, Assistant City Manager Ashley Morello, and City Planner Stephen Grittman (contracted) Call to Order: Mayor Wendy Webster called the Work Session to order at 5:46 p.m. Rental Housing Ordinances: Mayor Webster and Staff reviewed the previous Council and Planning Commission discussions on the topic and related topics to date. City Planner Stephen Grittman provided an overview of short-term rental and long-term rental discussions to date. There was discussion regarding other cities best practices and regulation. Mr. Grittman confirmed that other cities regulate and cap rental properties within their respective jurisdictions. Mr. Grittman described that the short term and long-term rental considerations would require separate ordinances to regulate. Given the distinct nature of the two topics, staff anticipate that regulation would result in separate license processes and requirements. The group discussed short term rental regulation. In addition to previous consideration of regulation, there was general consensus among the group to limit property owners to 2 or 3 properties total. The group further discussed long-term rental regulation. The group discussed that renting provides options for those experiencing hardships or extenuating circumstances, such as changes in marital status or providing support for family members. There was general consensus to limit property owners to 2 or 3 properties total. There was further consensus to consider limit the amount of rental properties throughout the city to a percentage of total single family properties. The group further expressed interest in establishing zones within the city to support geographic diversity of renting single family homes. 3 The group agreed that Mr. Grittman would develop draft ordinances for short-term and long-term rental regulation. Future Work Sessions: Next Work Session will be held on October 22, 2024, at 5:30 p.m. in the Council Chambers. Adjournment: The meeting adjourned at 6:54 p.m. Respectfully submitted by Ashley Morello, Assistant City Manager. 4 City of St. Anthony CITY COUNCIL WORK SESSION Minutes November 12, 2024 Present: Mayor & Council: Mayor Wendy Webster, Councilmembers Lona Doolan, Jan Jenson and Thomas Randle Absent: Councilmember Nadia Elnagdy Staff: City Manager Charlie Yunker, Assistant City Manager Ashley Morello, and City Planner Steve Grittman. Call to Order: Mayor Wendy Webster called the Work Session to order at 5:30 p.m. 1.Approval of CC WS Meeting Minutes A.October 22, 2024, City Council Work Session Minutes Motion by Councilmember Doolan, seconded by Councilmember Jenson, to approve City Council Work Session Minutes of October 22, 2024, as presented. Motion carried 4-0. 2.Work Session Topics A.Requirements for EV Charging for New Multi-Family Projects City Planner Steve Grittman reviewed as a part of the 2024 Goal Setting; participants identified the exploration of establishing regulations for electric vehicle charging stations. There are various model ordinances for EV charging that may be considered including: 1.Incentives to encourage – but not require – EV charging installation. Incentives often include density bonuses, or other reductions in parking space standards. 2.Requirements for installing infrastructure (such as power supply and site plan provisions, but forgoing installation of chargers until a future date. The future date sometimes relates to a fixed period, or a time at the owner’s discretion. 3.Requirements for installing EV charging facilities as a component of new or upgraded development. These requirements often create a tiered standard for the number of charging facilities based on the size of the project. The third option is the one that Roseville has chosen, and that New Brighton has mirrored in its own code. The Roseville ordinance is summarized below, and the New Brighton code language is also included. Finally, the Roseville website information is provided to which presents their requirements in written and graphic formats. Roseville sets a minimum requirement for the following parking lots: 1.Any NEW parking lot of 5 or more spaces (multi-family and commercial/industrial). 5 November 12, 2024 St. Anthony Council Work Session - 2 2.Any NEW parking garage of 30 or more spaces (multi-family and commercial/industrial). 3.Any reconstructed parking lot of 25% or more of the surface. Exemptions include maintenance projects, such as sealcoating and mill/overlays. Exemptions also include residential projects of 4 or fewer units. The quantity of required available charging units are based on the size of the parking lot (30-49 spaces, or 50+ spaces). The charging units must meet Level 1 or Level 2 standards, variable based on size of the facility. New Brighton mirrors Roseville’s requirements in code, as follows: (12) Electric Vehicle (EV) Charging. A.All developments with parking lots, with the exception of single- and two-family residences, may include one or more locations to allow for electric vehicle charging, or place infrastructure nearby to facilitate future station installation. The thresholds for adding EV charging spaces to new developments are as follows: B.EV Charging Space Thresholds # of Parking Spaces Planned/Existing Required # of EV Spaces and Level of Charging 29 or fewer None Required 30 – 49 Multi-family: 5% at Level 1 or greater Non-residential: 5% at Level 2 charging or greater 50+Multi-family: 10% at Level 1 or greater; 1 space at Level 2 or greater Non-residential: 5% at Level 2 charging or greater Staff will develop language for the City’s code requirements if consensus is reached for this model. If an alternative is proposed, additional research can be conducted to provide that at a future meeting. Also provided for Council consideration is the Roseville Website information on EV Charging Requirements. Councilmember Jenson asked if Level 3 charging is addressed in Roseville. Mr. Grittman stated it is not part of their requirement. Level 1 is a trickle charging done overnight. Councilmember Jenson asked if there has been any experience as to whether it is practical to have Level 1. Mr. Grittman stated he did not speak with anyone at Roseville. The requirements will most likely change over time as the number of electric vehicles increases. Councilmember Jenson asked about the infrastructure. Mayor Webster referred to engine heater plug-ins used in the past. It makes sense to have the infrastructure in place for the Level 2 and Level 3 chargers. Councilmember Doolan stated Level 1 takes 24 hours to charge a battery. It is nice to use that to top it off. The difference between Level 1 and Level 2 is 110 vs. 220. Level 1 and Level 2 chargers should be planned for housing units. Councilmember Doolan stated she researched other cities ordinances. Councilmember Jenson stated this example provides a good baseline. 6 November 12, 2024 St. Anthony Council Work Session - 3 Councilmember Randle stated there is only one property to be developed for multi-family housing and nowhere would there be 30-49 parking spaces. He asked where else could EV stations be added. Mr. Grittman stated he assumed this would apply to re-development projects in St. Anthony. This would apply to any parking lot with the thresholds provided. Councilmember Jenson asked about Phase II of the Ruby. Would they need to implement this? Mr. Yunker stated this is a phase of an existing project and the requirement would not apply. Mayor Webster stated on the tour she thought there were plans for charging stations. Mr. Grittman stated there is still an application for Level 1 charging for some people. Councilmember Doolan stated EV bikes and EV scooters can also be charged at these sites. She researched the difference between not planning for the infrastructure it would be 4 times more expensive to retrofit. It is going to be a demanding amenity going forward. Councilmember Doolan asked if there is a need for a broader approach for the Climate Action Plan. She suggested the policies be looked at more broadly. Mayor Webster stated there may be shifts in the State building codes. Councilmember Randle suggested we take this slowly and take a more measured approach before trying to force feed. It is not productive to try to address everything at once. We do not know what the State will do. He has issue with making things broader at this time rather than waiting to see what the future holds. Mayor Webster stated these are shifts all cities need to make. She asked if there is consensus to move forward with the proposed language. Councilmember Randle asked if we are using incentives. Councilmember Jenson stated since we have no place to build anything new. This would only apply to a parking lot being torn up. He does not see this happening for a number of years. This provides a baseline to start from and it shows we are going down the path to recognize the increase in EV. Roseville has had a year’s experience and asked if there has been any negative feedback. Mr. Grittman offered to follow up with Roseville staff to hear their experience. Mr. Yunker asked what approach the Council wants to take with either incentives or being hands-off. Councilmember Randle stated we need to keep in mind Roseville is much larger than St. Anthony. He is not against the ordinance. It makes sense if we are not making it mandatory. He would prefer incentives over requirements to install infrastructure. Councilmember Doolan stated she would require regulation requiring new development to plan for this. The customers are going to start requesting the service. We can incentivize current properties to accelerate their plans. Councilmember Jenson stated this should apply to future developments. Councilmember Randle stated we are assuming people are going hog wild over EV. Councilmember Doolan stated she has an EV and would like to move into a facility with EV chargers. Mayor Webster stated it is less expensive to own and operate an EV. The maintenance on an EV is almost zero. 7 November 12, 2024 St. Anthony Council Work Session - 4 Councilmember Doolan stated a developer has a way to recoup their expense for adding EV. She wants to make sure Council is going in a direction to support residents. Councilmember Jenson stated we need to start planning for it. It is good to have something on the books that will address EV. Councilmember Randle stated he has a problem with “requiring”. Councilmember Jenson stated a developer is not going to put in anything that is not required. Councilmember Randle agreed. Mayor Webster stated she would support number 3 as well. She likes that it depends on the number of parking spaces in the parking lot. We are looking at mid-size multi-family projects where there could be some requirements. Three of the Councilmembers are in favor of option 3. Mr. Grittman stated this can come up before the Planning Commission for consideration and recommendation. Councilmember Jenson asked if this will apply to the GreenStep program. Mr. Yunker stated it would apply to the GoldLeaf program. Councilmember Doolan stated this helps us meet our Climate Action Goals. Mr. Yunker stated this was one of the items to be discussed. She asked if there is anything in the Comprehensive Plan and Mr. Grittman stated the Comprehensive Plan is vague on this. Mr. Yunker summarized Option 3 is the consensus of the Council. Mr. Grittman stated most projects coming forward will be Planned Unit Developments. Councilmember Doolan stated the MPCA has a grant that is available for assistance with EV charging stations. Future Work Sessions: The next Work Session will be held on November 18 in the Council Chambers. December 16, 2024 Future Agenda Items: Start discussing topics for Goal Setting. Further utilization of the Parks and Environmental Commission on the Climate Action Plan. Liaisons to the Planning and Parks and Environmental Commissions. Adjournment: The meeting adjourned at 6:25 p.m. 8 MEMORANDUM To:Saint Anthony Village City Council From:Mike Larson, Liquor Operations Manager Date:November 26, 2024 City Council Work Session Request:Saint Anthony Village Municipal Dispensary Presentation BACKGROUND Cannabis in Minnesota is legal for recreational use as of August 1, 2023. On May 30, 2023, Governor Tim Walz signed House File 100 into law, legalizing the use, possession, and cultivation of cannabis within the state. Minnesota law permits adults who are 21 years of age or older to purchase and possess up to 2 lbs. of marijuana flower (2 ounces in a public space), 8 grams of concentrate, and 800 mg of infused edibles in a private residence. Growing at home is permitted, as long as the plants cannot be seen from outside. Individuals may cultivate up to 8 plants, with only 4 flowering at once. Adults who are 21 years of age or older may also gift each other any amount up to the legal limit. Licenses for commercial sales will likely not be issued until 2025, with the exception of tribal nations, in order for the Office of Cannabis Management (OCM) to establish regulatory frameworks. The law established criteria for social equity applicants to be preapproved for cannabis business licenses sometime in 2024. Social equity applicants include people or family members of individuals who were previously convicted of marijuana offenses, military veterans, residents of high-poverty areas and "emerging farmers" who have provided the majority of labor and management for a small farm for at least three years. 2024 LEGISLATIVE CHANGES Legislation signed into law in 2024 that modified the 2023 legislation established quantity limits on types of licenses, and a lottery system to distribute cannabis business licenses in 2025. Applicants meeting minimum requirements that include location selection and business plans will be entered into the lottery and recipients chosen at random. Another change in 2024 allows for licenses to be issued to cities to open municipal cannabis stores independent of the lottery process. These licenses will not count against the OCM's license caps or any limits on retail licenses that local governments may impose. OPPORTUNITY FOR A MUNICPAL OPERATION The legislation signed into law over the past two sessions presents an opportunity for cities to establish a retail municipal operation similar to the municipal liquor operation the City has operated since 1948, if the Council should determine that it is in the best interests of the City to do so. To make that determination, staff has been monitoring the legislative developments and coordinating with industry resources to learn about the law and the cannabis industry. Attached to this memo is a proposal from Voyageur Cannabis Services that provides the City a detailed report for operating a Municipal Dispensary. Staff will continue to provide additional research to inform a Council decision. 9 MARKET ANALYSIS At the June 11, 2024 Work Session, the City Council discussed if a municipal cannabis dispensary fit in the City’s and liquor stores mission and vision statement, and the possible benefits to the community by controlling the sale, and for generating revenue to reduce the property tax burden on residents as the liquor operation does. Council consensus was to pursue a municipal dispensary and begin the lengthy due diligence process to come to a final decision. The proposal from Voyager Cannabis to perform a market analysis to help inform that decision was reviewed and approved, and the that analysis is attached to the memo. The presentation from Voyager Cannabis will provide further discussion for the process of opening a Municipal Cannabis dispensary. NEXT STEPS The next steps such as the license application would be defined as more guidelines and requirements are released from the Office of Cannabis Management. Though initially expected by the end of 2024, applications for municipal operations are expected to open by Office of Cannabis Management in the first part of 2025. Further discussion, planning and education is required to continue the process if the City Council feels it is beneficial, and lead to a decision on opening a municipal dispensary. Staff will continue at the direction of the council to proceed with the further due diligence involved for progressing towards the operation of a Cannabis Dispensary. DISCUSSION FOR COUNCIL FEEDBACK Representatives from Voyager Cannabis are on hand to review the highlights of their analysis and answer any questions you have. ATTACHMENTS: Presentation 10 St. Anthony’s Municipal Cannabis Dispensary Strategy 2024 11 Market Insights Strategic Alignment Financial Strategy Organizational Structure Implementation Timeline Next Steps 1i . Executive Summary 2ii. 3iii. 4iv. 5v . Marketing and Growth Strategy 6vi. v7i.i v8ii.i Voyageur Services 2 Content 12 Executive Summary \Voyageur Services 3 13 St. Anthony has the potential to drive local economic development and enhance community safety through a managed cannabis dispensary MN cannabis legalization is underway with an expanding market As Minnesota embraces cannabis legalization, the market is poised for rapid expansion. The upcoming regulatory changes offer a unique window of opportunity for municipalities like St. Anthony. Under current regulations, municipalities are not subject to the lottery system for licensing, allowing them the right to obtain a license proactively. This positions St. Anthony advantageously to control distribution, ensure responsible community integration, support local economic growth, and generate significant revenue for community projects Opportunity for not only a business-venture but community based initiative Our business plan outlines not just a financial opportunity but also a community-focused initiative. By establishing a municipally managed dispensary, St. Anthony can control distribution to ensure responsible community integration, support local economic growth, and generate significant revenue for community projects. St. Anthony needs to act fast to ensure first mover advantage and competitive edge Immediate and strategic action is critical to secure a competitive advantage and maximize the benefits for the community. Launching a municipal dispensary in 2025 will allow St. Anthony to set standards and capitalize on early market entry. Additionally, it’s vital to consider the competitive pressures from neighboring areas and local businesses which also seek to enter the market. Proactive measures will ensure St. Anthony becomes a leader in local cannabis and enhances community welfare. . Executive summary 4 14 Community and Economic Impact Enhanced Local Revenue Generate significant tax and sales revenue to support St. Anthony’s projects and infrastructure. Improved Public Health and Safety Maintain public health and safety through regulated and responsible cannabis distribution. Community Engagement and Development Voyageur Services 9 Strategic benefits of a Municipal Dispensary Engage the local community by supporting local initiatives and creating job opportunities 15 Market Insights Voyageur Services 6 16 Minnesota’s legal marijuana sales projected to reach $1.5B by 2029 Anticipated retail sales are expected to boom post-2025 legalization Market Analysis $791.9M $1.2B $1.4B $1.5B $1.5B $600 $418.8M $400 $200 $0 $800 $1,000 $1,200 $1,400 $1,600 2025 2026 2027 2028 2029 2030 Projected MN Adult-Use Cannabis Legal Sales MN Sales Forecast, $M Strong Industry Potential •Minnesota’s market is expected to follow several patterns established in other markets. Source: Vicente LLP Voyageur Services 7 •Early market indicators suggest supply may lag demand •Over 700k Minnesotans are expected to consume cannabis in any given month, accounting for 15% of total population 21 and over. 17 737k 707k 641k 531k 360k 207k 48k42k36k By 2029, Minnesota’s legal cannabis market could serve over 700k consumers Expanding consumer base reflects diversified growth Border-State Consumers Neighboring state residents will contribute to Minnesota’s immediate market growth. 48 49 45 40 35 30 25 121 247 407 509 581 623 25 46 54 62 55 47 23 30 35 41 42 0 100 200 300 400 500 600 700 800 2022 2023 2024 2025 2026 2027 2028 2029 2030 Legal-Market Consumers Thousands Consumer Segments MN Resident Adult Consumers Significant growth expected as legalization matures, and stigma diminishes. Medical Marijuana Patients Initially a stable consumer segment, will see shifts as recreational use becomes more mainstream. Market Insights Cannabis-Consuming Tourists Potential boost to the market as tourism integrates with cannabis retail. Source: Vicente LLP Voyageur Services 8 18 Voyageur Services 9 Local Market Size and Potential in St. Anthony, MN First-ring suburb and proximity to major urban areas provides steady influx of potential customers Number of people in each potential target group (Thousands) Source: SavMN Daily Traffic Reports Internal Estimates Residents 21+ Commuters and Through Traffic Pull from Neighboring Cities Total Addressable Market Market Insights 19 Voyageur Services 10 Comparative Analysis of Local Demographics Versus National Cannabis Consumption Trends Demographic makeup aligns with national cannabis sales Market Insights 14 36 23 27 17 46 24 13 50 45 40 35 30 25 20 15 10 5 0 Gen Z Ages 18 - 26 Millenials Ages 27 - 42 Gen X Ages 43 - 58 Baby Boomers Ages 59 - 77 % of St. Anthony Population % of US Total Cannabis Sales by Age GroupAge Distribution Comparison Target Customers •St. Anthony and the surrounding areas, including the University of MN and Northeast, have a higher proportion of millennials and other cannabis consuming age groups • 37% of U.S adults are ‘current customers’ – those who use at least annually and plan to use cannabis again in the future •43% of current consumers say a brick-and- mortar dispensary is their primary source for cannabis Source: US Census Bureau, 2022 Headset Demographics Report, 2023 20 Strategic Alignment Company Name 11 21 Vision The St. Anthony municipal cannabis dispensary would not just a business venture but a community-focused initiative designed to enhance public safety, contribute significantly to our local economy, and uphold our community values. Vision and ambition Company Name 12 22 Business and Municipal Goals for St. Anthony Community-focused initiative designed to enhance public safety, contribute economically, and uphold community values Community Control and Regulation •Enforce Responsible Distribution through municipal management with age and quality checks •Enhance Community Safety Sustainable and Competitive Business Practices •Environmental Commitment •Responsive Business Strategy to stay competitive and meet consumer needs Economic Benefits Through Municipal Management •Revenue Generation, projected to generate approximates $3M in revenue •Fund Local Initiatives Voyageur Services 18 23 Voyageur Services 19 Regulatory Framework for Municipal Cannabis Operations Regulatory Landscape Regulatory Considerations for Operations Licensing and Regulation Municipalities must obtain appropriate state and local licenses to operate a cannabis dispensary, which might include specific municipal requirements that control how many dispensaries can operate and where. Understand and implement the correct taxation framework for cannabis sales, which can be significantly higher than standard sales tax. Adhere to strict safety protocols for storage, handling, and selling of cannabis. This includes product testing, and facility security measures to maintain high safety standards. Ensure that dispensaries are situated in appropriate areas that do not conflict with community planning or cause public concern. Enforce regulations that safeguard public health, such as restrictions on sale quantities, ensuring product quality, and monitoring consumption effects within the community. Public Safety and Health Zoning and Land Use Safety and Compliance Taxation Source: Minnesota Department of Cannabis Regulation 24 Operational Plan Company Name 15 25 Developing the business case for St. Anthony’s dispensary is based on six building blocks Key considerations for the business case outcomes: •Develop a skilled workforce by properly identifying staffing needs, in-house training, and ensuring staff are well-versed on products •Evaluate the competitive landscape to determine market share threats and opportunities •Ensure supply chain to avoid stockouts and disruptions, especially in a newly legal market •Maintain consistent adherence to all regulatory requirements to avoid penalties •Project financial sustainability by comparing initial setup and operational costs against expected revenue streams Business case building blocks: Average basket size per purchase Continuous operational expenses Net return Investment Initial capital required for setup and launch Consumer retention rate and repeat purchases Estimated number of customers reached annually Infrastructure and technology investments (IT, security, POS systems etc.) X + X + Voyageur Services 22 Business model 26 Delivery Services Business Model Overview Operational model includes both storefront sales and potential for delivery services Business model Revenue streams Cost structure Primary retail cannabis sales offering a variety of products including flower, edibles, and more with competitive pricing Staffing and Operations Potential plans for a delivery service that extends dispensary’s reach to customers preferring home delivery Facility and Utility Expenses Product Procurement and Inventory Management Delivery Infrastructure Technology and Security Licensing and Insurance Storefront Sales Voyageur Services 21 27 Store Location, Facilities and Utility Expenses Building Design/Layout Planning Considerations •Recommend prioritizing strategic location that offers optimal access to both local residents and commuters •Design renovations with security needs and integrations in mind, including secure entry points, surveillance integration, and secure product storage solutions •Rent or Purchase Cost •Cost varies based on location and property size •Local market rates estimate retail space from $12 to $20 per square foot •Estimate $35K/year in rent based off 2,000 sqft •Buildout and Renovation Cost •Depending on state of leased or purchased property, estimated buildout cost is $250-$500K to give a proper renovation for a dispensary $250 - $500K Dispensary Buildout Cost Facility and Store Location Voyageur Services 25 Location #1, 2600-2800 39th Ave NE 28 Store Location, Facilities and Utility Expenses Building Design/Layout Planning Considerations $250 - $500K Dispensary Buildout Cost Facility and Store Location Voyageur Services 25 Location #1, 2600-2800 39th Ave NE •Located in a high-traffic shopping center with 20,200 vehicles/day, ensuring visibility to both commuters and local shoppers. •Demographic strengths include a population of 96,761 within 3 miles and median household incomes ranging from $86K to $100K, indicating strong customer purchasing power •Proximity to popular retailers like Cub Foods, Starbucks, and Chipotle fosters strong foot traffic and complementary shopping patterns. •Ample parking availability and existing infrastructure ensure convenience for customers and operational efficiency 29 Store Location, Facilities and Utility Expenses Building Design/Layout Planning Considerations •Recommend prioritizing strategic location that offers optimal access to both local residents and commuters •Challenges •Zoning restrictions near schools, proposed location is very close to a Montessori •Moving forward with this site would require a zoning amendment or variance, which could delay the project •Recommend to Exclude Location •Given these challenges, recommend exploring Location 1, away from sensitive areas which would streamline the process and mitigate regulatory and public relations risks. $ Facility and Store Location Voyageur Services 25 Location #2, 2945 Pentagon Dr. 30 Comprehensive Security Measures Are Necessary for Dispensary Safety and Compliance Security Infrastructure and Systems •Design and build with security as a primary focus, featuring hardened ceilings and specialized construction materials •Advanced systems with perimeter alarms, motion detectors and sophisticated surveillance systems, ensuring multiple camera views Durable construction and advanced surveillance Trained personnel and strict access control •Personnel and access control, employ armed security at strategic locations, with badge-access control systems for sensitive areas •Regulatory adherence with systems and protocols designed to exceed state and local regulatory requirements to ensure compliance Operational Security and Compliance •State-of-the-art intrusion surveillance and alarm enhancements with batter backups to maintain operational integrity •Security integration with technological innovations like body cameras for curbside pickup and deliveries Technological Enhancements and Security Innovations Security Measures Voyageur Services 21 31 Trusted Vendors and Technology Partners To Help Achieve Dispensary Goals Selecting the best partners for optimized operations Suggested Partners Treez.io POS System OWS OpenEye Video SecurityVFI Edge Ecommerce •VFI Edge Ecommerce provides a seamless online shopping experience, allowing customers to browse products, make purchases and schedule pickups or deliveries Alpine IQ CRM •Alpine IQ CRM offers customer relationship management solutions designed to enhance customer engagement and loyalty through targeted marketing and analytics •OWS OpenEye Security Video delivers security and surveillance capabilities, ensuring compliance with regulations and safeguarding our assets •Treez.io POS Systems ensures efficient transaction handling and inventory management with a point- of-sale system tailored for cannabis retail complexities Voyageur Services 22 32 Trusted Vendors and Technology Partners To Help Achieve Dispensary Goals Selecting the best partners for optimized operations Suggested Partners Cannveya Logistics Voyageur Services 23 •Cannveya Logistics manages logistics and supply chain challenges, optimizing distribution and transportation of cannabis products Metrc Tracking System Oriel TV In-Store Displays VPI Tech Website Development •Implements state-mandated seed-to- scale tracking, ensuring compliance with regulatory bodies and streamlining reporting processes •Oriel TV In-Store Displays enhances the in-store experience with dynamic digital displays that provide educational content and promote current offerings and products •VPI Technology can develop cannabis specific websites that are intuitive, visually appealing and support any brand’s digital footprint 33 Financial Strategy Company Name 24 34 Expanding Revenue Trajectory for St. Anthony’s Cannabis Market Forecasted growth reflects strong market adoption Revenue Projections ForecastGross Revenue Projections, 2025-2029 Consistent Growth Expectations •Revenue is forecasted for immediate growth and market adoption, with Year 1 estimates exceeding $3M •Initial sharp increase in revenue remains consistentt until Year 5 with a slight decline once the market matures •Consistent EBITDA margins highlight efficient operational management and cost control •Strong revenue coupled with stable EBITDA margins suggests a sustained demand for cannabis, underpinning financial viability and potential success of the municipal dispensary $3,225 $3,252 $3,283 $3,336 $3,363 19.3% 36% 32% 28% 24% 20% 16% 12% 8% 4% 0% -$440 $60 $560 $1,060 $1,560 $2,060 $2,560 $3,060 $3,560 $4,060 2025 2026 2029 Revenue 2027 2028 EBITDA Margin Voyageur Services 25 19.4%19.7%19.6%19.5% 35 Voyageur Services 24 Different ambition scenarios exist for a municipal dispensary First 12 months Securing licenses and setting up infrastructure Time Scenario 1: Delivery-Driven Expansion Aggressively focus on establishing delivery services to capture market share Year 0 Year 5Year 3 1 2 Scenario 2: Aggressive Expansion Focused on rapid market penetration through aggressive pricing and marketing strategies 3 Scenario 3: Business as Usual Focus on break-even as quickly as possible through conventional operations 2 1 3 Total Sales Illustrative Source: Internal Projections Financial projections and scenarios 36 Capital allocation Total estimated investment costs are >$500K USD over five years Decision to start Dispensary Pre-analysis $80 - 100K USD 0-2 months Phase 1 3-6 months Phase 3Phase 2 7-12 months GO/ NO-GO GO/ NO-GO GO/ NO-GO •Funds allocated to secure a lease, minor renovations, basic furniture, branding, license acquisition and legal fees Details •Operational phase of staffing, stocking, and daily operations. Inventory diversification, and operational refinements •Regulatory landscape •Lease agreement •Business plan feasibility and risk assessment •Operational readiness with inventory and staff •Completion of buildout •Operational security and IT Guiding KPIs for decision 1-2 years Voyageur Services 33 $150 – 250k USD $250K USD Estimated resource need •1 FTE or project manager •Contractor, legal advisor •Purchasing inventory, finalizing construction buildout, setting up security and IT systems, hiring initial staff necessary for operations •Store Manager •4 Sales Associates •IT Setup •Continual contracted support •Additional sales associates •Store opening •Customer base development •Meeting or exceeding revenue targets 37 Investment and Cost Allocation for Dispensary Operations Business model Expected cost split in Phase 1 % of total costs Resources for initial setup and long-term phases Expected cost split in Phase 3 and beyond % of total costs 40% 30% 15% 15% 52% 35% 10% 15% Lease and Renovation It and Security Setup Licensing and Legal Fees Furniture and Branding Inventory Purchases Staffing and Salaries Voyageur Services 26 Marketing and Customer Acq. IT and Security Updates 38 Details: Business case Revenue uncertainty driven by: •Competition and market dynamics could impact market share and pricing strategies •Legislative adjustments or changes in cannabis regulation could alter operational capabilities •Shifts in consumer preferences towards products and consumption methods Cost uncertainty driven by: •Real estate market conditions could affect rental or purchase prices •Volatility in wholesale prices •Competitive labor markets and the need for specialized staff •Vendors, Software and Technology selection Note: See full business case in attached Excel Voyageur Services 28 39 Marketing and Growth Strategy Company Name 28 40 Marketing Strategies for Cannabis Dispensary Voyageur Services 31 Leverage compliant tactics for engagement and growth Solution: Distribution and marketing Loyalty and Referral Programs Develop a loyalty program that rewards repeat customers Content and Education Produce quality cannabis content, through newsletters, email list and a blog on the dispensary’s website Target Local Advertising Implement local advertising through permissible mediums like billboards, print media, and community events Community Engagement Utilize local events, educational workshops, and partnerships to increase brand visibility Organic SEO Focus on optimizing web content for search engines to enhance online visibility, also a strong Google My Business listing encouraging reviews Social Media Engage customers through regular updates and interactive content on platforms like Instagram and Facebook, adhering to platform guidelines 41 Marketing Plan for Municipal Dispensary Solution: Distribution and marketing •Develop loyalty and referral programs •Website development and SEO •Content Creation and Local Advertising Expansion and Engagement •Advanced Digital Marketing Tactics •Fine tune marketing and analytics through CRM •Enhance Organic SEO and Social •Scale Local Advertising and Loyalty •Launch community engagement Optimization and Long-term Growth Foundation and Digital Infrastructure Phased marketing approach for growth and integration 1 2 3 ] Voyageur Services 32 42 Organizational Structure Voyageur Services 33 43 Proposed Municipal Dispensary Organizational Structure Solution: Team Municipal Dispensary Leadership Administration and Compliance Inventory and Fulfillment Sales and Customer Service Security and IT Support Marketing and Community Outreach Oversees dispensary operations, planning and compliance Administrative functions, internal coordination and regulatory requirements Controls inventory, product, distribution and customer orders Instore customer service, product education, and customer reception Implements and monitors security protocols, manages tech and supporting systems Marketing and advertising strategies, and community engagement Dispensary Director Role to potentially be filled by internal candidate Role likely be filled by new external hire Voyageur Services 34 Security Coordinator Marketing Specialists Community CoordinatorIT Specialists Budtenders Admin Officer Compliance Officer Inventory Manager Fulfillment Technician Receptionist In-Store Security 44 Voyageur Services is uniquely positioned and committed to being a strategic partner for St. Anthony’s Dispensary Industry Expertise and Regulation Navigation Strategic Guidance and Operational Best Practices Partnership and Network Expansion What we bring: Extensive experience in owning and managing all facets of the cannabis business from cultivation to sales, combined with deep regulatory knowledge.[Insert brief description of what this means and how you demonstrate that value proposition. What it means: We provide expert guidance to navigate complex regulatory environments, ensuring your municipal dispensary remains compliant while maximizing operational efficiency. What we bring: Proven track record of applying industry best practices and innovative solutions tailored to the specific needs of the cannabis sector. What it means: Leverage our strategic insights to refine your operational processes and adopt cutting-edge technology solutions that enhance product and sales effectiveness. What we bring: Established relationships with key industry players and a broad network that supports market entry and expansion. What it means: Gain access to a trusted network of partners and accelerate your market presence, benefiting from our reputation as reliable long-term partners to expedite your learning curve and identify emerging opportunities. What we bring What it means Voyageur Services 35 45 Implementation Timeline Voyageur Services 36 46 1 2 3 4 5 6 7 8 Milestones and Timeline for Dispensary Launch Roadmap Voyageur Services 37 Project Month Assemble team, define scope, apply for licenses Secure facility lease, construction permits and plans Begin buildout on location Secure vendor contracts and IT systems Hire key staff, including managers and budtenders, begin training Finalizing product sourcing and selection Gauge existing workflows Full marketing launch, and monitor operational strategies Phase 2 Setup and Partner Selection Phase 3 Staffing and Prelaunch Phase 4 Soft Launch Phase 5 Operational Refinement Phase 1 Initiating and Planning 47 Conclusion and Next Steps Company Name 38 48 Proposed next steps Ensuring smooth implementation and stakeholder alignment Detail and finalize security measures, incorporating advanced technology and ensuring regulatory compliance. Implement comprehensive training programs for staff on operational procedures and customer service. Start community outreach programs to build relationships and improve public perception. Roll out digital and community-based marketing strategies to build awareness and attract customers. Conduct a phased opening of the store, starting with a soft launch to refine processes, followed by a full public launch. Next Steps Voyageur Services 39 49 THIS PAGE LEFT INTENTIONALLY BLANK 50 Date Type Staff Present December 10 Work Session Goal Setting Preparation Discussion City Council City Manager December 10 Regular Planning Commission items from November Appoint Parks and Planning Commissioners and Chair/Vice Chairs Setting Salary of City Manager Authorizing Transfers & Closing of Specified Funds Setting the 2025 City & HRA Budgets and Final Property Tax Levy -PUBLIC HEARING 2025 Fee Schedule MS4 Quarterly Goals update Final reading and adoption of water, sewer, & stormwater Street Project Approve Plans & Specifications, Authorize Advertisement for Bids City Council City Manager Finance Director December 17 Joint Work Session HRA property concept presentation (Joint with Planning) City Council City Manager City Planner December 24 Regular January 14 Work Session Tobacco Ordinance Revisions City Council City Manager Code Official January 14 Regular Planning Commission items from December Housekeeping Resolutions Resolution for the Street Improvement Bond Reimbursement Quarterly Donations & Grants NYFS Agreement Outside Orgs-Council Students in Government Presentation City Council City Manager January 28 Work Session City Council City Manager January 28 Regular Public Works Snow Plowing Operations presentation City Council City Manager PW Director February 11 Work Session Rental Ordinance Revisions City Council City Manager City Planner February 11 Regular Planning Commission items from January Public Hearing-2025 Budget Calendar and Process 2025 Planning Commission Work Plan- (motion only) 2025 Parks and Environmental Commission Work Plan- (motion only) Administration Annual Report Liquor License Renewals (Consent Agenda) City Council City Manager Finance Director February 25 Work Session City Council City Manager 2025 2024 FUTURE COUNCIL AGENDA ITEMS 51 Date Type Staff Present FUTURE COUNCIL AGENDA ITEMS February 25 Regular Water Conservation Poster Winners Adoption of Strategic Plan Liquor Annual Report City Council City Manager Liquor Op Manager March 11 Work Session Miscellaneous/Minor Ordinance Revisions City Council City Manager Code Official March 11 Regular Planning Commission Items from February Public Works Annual Report City Council City Manager Public Works Director March 25 Regular Police Annual Report Call for Public Hearing on Road Improvements and Assessments Order the Preparation of Assessments City Council City Manager Police Dept WSB April 8 Work Session City Council City Manager April 8 Regular Planning Commission Items from March Quarterly Donations & Grants Hennepin County Commissioner Irene Fernando Fire Annual Report Arbor Day Proclamation Earth Day Proclamation Quarterly Goals Update City Council City Manager Fire Dept April 22 Regular Finance Annual Report Insurance Renewal & Tort Limits- Consent Road Improvements and Assessments- PUBLIC HEARING Villager of the Year and Business of the Year City Council City Manager Finance Director WSB May 13 Work Session City Council City Manager May 13 Regular Planning Commission items from April City Council City Manager May 27 Regular City Council City Manager June 10 Work Session City Council City Manager June 10 Regular Planning Commission Items from May Authorize preparation of feasibility study for 2026 street project City Council City Manager June 24 Work Session Discuss Initial Debt Levy/Updated Street Improvement Plan City Council City Manager Finance Director June 24 Regular City Council City Manager 52 Date Type Staff Present FUTURE COUNCIL AGENDA ITEMS July 8 Work Session 2026 Initial Property Tax Levy Scenarios City Council City Manager Finance Director July 8 Regular Planning Commission items from June Quarterly Donations & Grants Audit Report Quarterly Goals Update City Council City Manager Finance Director Police Chief July 22 Work Session City Council City Manager Police Chief July 22 Regular Liquor Operations Mid Year Report VillageFest Presentation Night to Unite Presentation Night to Unite Proclamation City Council City Manager Liquor Op Mgr Police Chief August 12 Work Session Discuss Updated Levy Scenarios/Detailed General Fund Budget City Council City Manager Finance Director August 12 Regular Planning Commission items from July Approve 2026 Feasibility Study and Order Plans and Specs City Council City Manager August 26 Work Session City Council City Manager City Planner August 26 Regular 2026 Proposed Budget & Levy Presentation City Council City Manager Finance Director September 9 Work Session City Council City Manager City Planner September 9 Regular Commissioner MaryJo McGuire Presentation Planning Commission items from August 2026 Preliminary Operating Budget and Debt Levy-PUBLIC HEARING Students in Leadership-Consent City Council City Manager Finance Director Engineer September 23 Work Session City Council City Manager September 23 Regular Spirit of St. Anthony Award Fire Prevention Presentation Planning Commission items from August City Council City Manager Police Dept Fire Dept October 14 Work Session 2026 Long Term Capital Budget Plans City Council City Manager Finance Director October 14 Regular Preliminary Certification of Delinquent Waste Hauler Accounts-Consent Agenda Preliminary Certification of Delinquent Utility Accounts-Consent Agenda Planning Commission items from September City Council City Manager October 28 Work Session 2026 Utility Rates and Budgets City Council City Manager Finance Director 53 Date Type Staff Present FUTURE COUNCIL AGENDA ITEMS October 28 Regular Quarterly Donations & Grants Quarterly Goals Update City Council City Manager Finance Director November 10 Work Session City Council City Manager November 10 Regular Planning Commission items from October 1st Reading Water, Sewer, & Stormwater-PUBLIC HEARING Presentation on Water and Sewer Rates Canvass election results Approval of CIP City Council City Manager Finance Director November 17 Work Session Commission Interviews City Council City Manager November 25 Regular Fire Prevention Poster Winners 2nd Reading and Adoption Water, Sewer, & Stormwater Street Project Approve Plans & Specifications, Authorize Advertisement for Bids City Council City Manager December 16 Work Session City Council City Manager December 16 Regular Planning Commission items from November Appoint Parks and Planning Commissioners and Chair/Vice Chairs Setting Salary of City Manager Authorizing Transfers & Closing of Specified Funds Setting the 2025 City & HRA Budgets and Final Property Tax Levy -PUBLIC HEARING 2026 Fee Schedule MS4 Quarterly Goals update Final reading and adoption of water, sewer, & stormwater City Council City Manager Finance Director December 23 Regular November 17 Work Session Commission Interviews City Council City Manager November 25 Regular Fire Prevention Poster Winners 2nd Reading and Adoption Water, Sewer, & Stormwater Street Project Approve Plans & Specifications, Authorize Advertisement for Bids City Council City Manager 54