Friday, April 15, 2022

April 7th 2022 Escanaba City Council Meeting: To Buy or NOT Buy your Tokes within the City Limits? That is the question!

Marijuana is becoming a heated topic among cities and dispensaries. There are financial benefits in terms of tax revenue to allowing dispensaries within the city limits and there are soft costs in terms of law enforcement, accidents, etc... Taxes are direct and costs are often indirect but they are all important. The soft costs are going to be much harder to pin point specifically. You have to watch for increases in costs in other areas. The same could also be for soft benefits such as requiring the dispensary to fix up and convert one of the nicer/cornerstone buildings to enhance the salability of other nearby businesses (Methods of revitalizing a downtown to increase tax revenue and increase the value of downtown. Add a hotel and some more investors for other buildings/business and you might have small demand growing. That is where the city/county would need a better plan on attracting and encouraging entrepreneurs to move into the area. I suggest small entrepreneurs be in tourist related micro manufacturing as well as retail and recreation. One could also think about attracting a few other SME manufacturers to the industrial areas of town.)

Looks like the city is looking to opt in on marijuana zoning. I'm relatively neutral to the topic. There are pros and cons either way. It just something people have to decide on. In general I'm going to say younger people are likely going to support it more and older people are against it. Its just the way it is! Nothing wrong with either argument.

You can read the April 7th 2022 Escanaba City Council Meeting Agenda. Lots of great information within it.

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