Encinitas will decide its 4 successful candidates for hashish retail enterprise licenses throughout a televised lottery on Oct. 21, the town supervisor reported final week to the Metropolis Council.
The lottery’s set for 1 p.m. at Metropolis Corridor, and candidates who’re eligible to take part might be notified in regards to the occasion, Metropolis Supervisor Pamela Antil mentioned.
Nonetheless, the candidates and anybody else who needs to witness the method can’t do it in particular person — they’ll have to look at it on TV.
“There actually isn’t a possibility to come back and watch. It is rather tightly regulated,” Antil mentioned.
After the lottery concludes, the 4 successful names might be posted on the town’s website at:
In 2020, Encinitas voters accredited a residents’ initiative — Measure H — that enables hashish retail gross sales, cultivation, manufacturing, kitchens, distribution, and private use cultivation, topic to sure laws and restrictions. Within the case of retail gross sales, 4 enterprise licenses might be issued.
Below the laws spelled out within the residents’ initiative, proposed hashish retail companies should be at the very least 1,000 toes away from “delicate makes use of” reminiscent of colleges, day care facilities and playgrounds. They’ll function between the hours of seven a.m. and 9 p.m., they usually should have safety cameras, alarms and 24-hour safety guards.
Candidates who wished one of many 4 retail enterprise licenses needed to submit their proposals to the town by Feb. 18. Town acquired 200 functions and commenced rating them. Desire was given to candidates who had at the very least 12 months’ expertise as a hashish enterprise proprietor, 36 months as a pharmaceutical enterprise proprietor and 18 months as an Encinitas enterprise proprietor. Candidates that met all standards certified for the highest tier within the lottery course of, the town’s website signifies.
Deciding on the 4 enterprise license recipients is just one a part of the method. There’s additionally the matter of taxing the brand new companies. Encinitas voters could have their say on a proposed hashish enterprise taxing measure within the Nov. 8 election. Often called Measure L on the poll, it requires hashish retailers to face a tax fee starting from 4 % to 7 % on their gross receipts, and it additionally units taxing charges for cultivation corporations.
A city-hired consulting agency has forecasted that the town might gather $800,000 to $1.4 million in annual tax income, if the measure is accredited.