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CALGARY: LOTS OF STORES, MILLIONS SPENT ON CANNABIS POLICING

Calgary Alberta has 66 licensed REC stores open and production sites for three LPs, as well as 154 approved new REC locations in varying degrees of readiness. The city says that explains why Calgary’s cannabis-related costs have exceeded $10.3M. The combined $6.7M in policing costs and $3.5M in other costs more than exceeds the one-time $3.84M payment the city received from the Alberta Municipal Cannabis Transition Program.
Calgary Herald

Quick Hits

  1. Alberta’s UCP government is stripping cannabis producers of agricultural tax exemption ahead of the 2020 tax year. Noting big players like Aurora will be able to take the increase in stride, a Twitter user from MED producer Boaz responded to premier Jason Kenney, “Due to your removal of cannabis from agricultural tax exemptions, our small, family-run LP will pay 3x more property taxes in 2020.”
    CBC Edmonton, Twitter—TheStarTrekGirl
  2. BC producers want the province to hurry up and allow farm-gate sales and on-site consumption lounges, with which many imagine they can turn regions of the province into cannabis facsimiles of tourist-friendly wine regions.
    Business in Vancouver, Twitter—Dan Sutton