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San Luis Obispo receives 12 applications for cannabis business licenses

Posted at 7:26 PM, Jan 30, 2019
and last updated 2019-01-30 22:26:21-05

The City of San Luis Obispo received 12 applications for cannabis business licenses and permits.

The deadline to apply was Tuesday.

The San Luis Obispo City Manager, Derek Johnson, confirmed to KSBY on Wednesday that the city received nine applications for retail stores, two applications for delivery, and one application for a micro-business.

City staffers will now evaluate the applications and help applicants open their doors for operation.

The city started accepting applications for cannabis business licenses and permits on January 7. At the time, the city said the applications would be ranked via a point system.

The application fee is $22,519, but the City of San Luis Obispo said most businesses are only required to submit a small deposit of $7,431 and they can pay the balance when the permit is issued.

The annual permit after that will cost between $65,890 to $90,575.

The city said these fees cover 100 percent of the city’s costs related to marijuana administration and enforcement.

The city previously said there is a limit of three retail storefront permits. Cultivation cannot be larger than 70,000 square feet and no business can be larger than 10,000 square feet.