Peachland is getting its first retail cannabis store.
Municipal council Tuesday approved issuing a business licence to Budding Creations Cannabis Corp. for a retail cannabis store in the Edgewater building at 5830 Beach Ave.
After the federal government made the sale of cannabis legal, Peachland began an intake process for applicants wishing to set up shop in the community.
Staff indicated that, while there was plenty of interest, obtaining retail space, a requirement of any application, had become a challenge.
The Budding Creations application was the only one that met the municipalities criteria during the initial intake phase.
The company is owned by four individuals, three of whom are Peachland residents and all of whom currently work at or own other licensed businesses within the community.
Staff indicated the application received a perfect score of 150.
Before it can open, the company still requires licensing approval from the province.
A maximum of two cannabis retail stores will be allowed within the municipality. Since the intake process has passed, staff said it will look at future applications on a first come, first served basis.
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