While they have had numerous inquiries, the Town of Cochrane isn't accepting any business licence applications for cannabis retail stores at this time and don't expect to do so until cannabis retail outlets become legal.

The City of Calgary, for one, has started reviewing cannabis store applications, but it's much further down the road here.

"Once the province set out their guidelines it became a little bit quieter because people have to follow the provincial rules and apply there first," explains Mike Korman, Cochrane's economic development manager. "So after that, we'll see what happens once we have our process in place."

Town council has approved business licence bylaw amendments to allow for a limited number of the stores in the community and an amendment to the town's smoking bylaw is forthcoming.

"We are working currently on the process for accepting applications and the development permit process itself and we're slated to be ready for the Oct. 17 start of when cannabis is legal. So we won't be accepting any applications until then."

"We've had lots of inquiries but we haven't had anyone officially submit an application because we're simply not accepting them until its legal."

The province requires a $3,000 due diligence deposit plus a $400 application fee on top of an annual $700 licence fee. Interviews, financial information and extensive vetting are also required.

Even after that occurs, the town bylaw drastically limits the number of retail opportunities available and all are located in the downtown core. Korman has handled eight to 10 inquiries so far and there's maybe room for five locations.

"So I'm not sure if we'll receive many applications, but at the same time we may see lots of applications and we'll have to ensure we vet them out appropriately so that they are adhering to the bylaw," says Korman.

The Canadian Government says cannabis will be legal as of Oct. 17 but access will be controlled and it has its limitations. The sale of cannabis edible products and concentrates won't be legal for sale until approximately one year after the Cannabis Act has come into force.

More Local News

Call Out to Donate Tonight

If you are free this evening (December 14) Canadian Blood Services is encouraging you to make a special donation. With slots still open for tonight's donor clinic, Lisa Castro, Territory Manager,…

VIDEO: CP Holiday Train Spreads Christmas Cheer

Well over 500 people greeted the CP Holiday Train when it arrived in Cochrane yesterday afternoon. It was a half hour of entertainment in support of the Cochrane Activettes Share Your Christmas…

Need to Compete and Grow Leads to Change in R1 Setbacks

The need to compete with other Calgary area communities and ensure Cochrane reaches its growth targets largely fuelled town council's decision to revert back to a 1.2-metre side yard setback between…

Calgary not Impressed, Springbank Group Thrilled

Officials of the City of Calgary and Calgary River Communities Action Committee are in an uproar over Rocky View County's called for the Alberta government to halt the SR1 process and go back to the…

Second Week Stats Continue to Show Good Compliance

Cochrane RCMP is once again pleased to report that drivers in and around the Cochrane area are remaining fairly compliant. After the second weekend of holiday check stops, Cochrane RCMP, Sergeant…

Support Still Needed Shares Cochrane Activettes

If you haven't donated to the Share Your Christmas hamper program, there is still time. Jan Tracy, President of the Cochrane Activettes and Chairperson for Share Your Christmas, says they already…

Mitford Students do Grand Reveal of 'Project Mental Wellness'

Tomorrow (December 13) students participating in Project Mental Wellness at Mitford School will show the world their creative projects and concepts. While Josh Clarke, Facilitator, is no stranger to…

Anticipation Builds for Arrival of the CP Holiday Train Tomorrow

The Historic Downtown is the place to be tomorrow for the whistle stop of the CP Holiday Train. On Thursday, Dec. 13, the train arrives at 2:45 p.m. on the tracks by the Provincial Building, 213 1st…

Tri-Site Developments will Help Lead Cochrane into the Future, says Mayor

Mayor Jeff Genung believes the groundwork laid for the development of three parcels of downtown public land will help lead Cochrane into the future and says council has no intention of leaving it on…

Guarantee Everyone Has a Great Christmas By Stuffing the Bus

This Saturday (December 15) is your opportunity to help Stuff A Bus (or two) in support of the Activettes 'Share Your Christmas Campaign.' For seven years, Stuff A Bus has provided one last…

CochraneNow.com is Cochrane's only source for community news and information such as weather and classifieds.

Search the Biz Guide