Eden currently operates five locations, with only their application for the shop at 3441 Kingsway progressing with city officials. Med Pot Now Society’s application is for 1316 Kingsway.
Medical Express also has an ongoing application for a permit at 2768 Kingsway. If all three permits are approved, Kingsway could become Vancouver‘s retail hub for cannabis shops.
The city has notified businesses and residents within a two-block radius of all eight potential locations, in order to get feedback before an official decision is made.
The city reviewed 176 applications for medical marijuana-related businesses, with only 11 moving on to the next phase.
The city has given the unsuccessful applicants a six month window to find new locations for their stores and apply again.
Once the new permits are awarded, the cost for a business license will be $30,000 for dispensaries, with an exception for compassion club societies, which will only be charged $1,000 to operate legally.
Once the new permits are awarded, it will certainly shake up the existing dispensary scene in Vancouver, as the number of total stores will greatly decline.