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Nearly 700 pot shop applications so far in Alberta, four in Drayton Valley

Jul 4, 2018 | 9:24 AM

The Alberta Gaming and Liquor Commission (AGLC) has received nearly 700 applications from companies interested in opening up a pot shop in the province since it started accepting applicants on March 6.

A spokesperson for the AGLC said out of the 684 applications, four have been in Drayton Valley.   

“That number reflective of all applications received, and not reflective of applications that may have been returned to applicants due to not being completed fully or able to go through,” Heather Holmen, AGLC spokesperson, explained.

The province has established regulations about who can own and operate a cannabis shop, and where the shops can be located.

A minimum setback of 100 metres was implemented for each dispensary by the provincial government. Municipalities can impose stricter bylaws, with the Town of Drayton Valley looking to put in place a 150 metre setback for areas near schools, sports fields and playgrounds.

There is no cap on the total number of retail licences, however the approval process includes background checks, an interview and a financial analysis.

A non-refundable fee of $400 is required, along with a $700 annual licensing fee and a $3,000 due diligence deposit.

Holmen added that the process leading up to legalization of cannabis has been a bit of a waiting game, however things are going smoothly.

“I wouldn’t say there has been any major hiccups, I think the first year there will be some lessons learned but we are feeling equipped and ready for October 17.”