Saskatoon Proposes $20K Licensing Fee for Cannabis-Related Businesses

Saskatoon Proposes $20K Licensing Fee for Cannabis-Related Businesses

The licensing fee would apply to retail stores and production facilities.

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June 13, 2018
Global News
Canada

Saskatoon administration is proposing a number of regulations for cannabis-related businesses in the city, including an initial $20,000 licensing fee.

The licensing fee, which would have an annual renewal cost of $10,000, would apply to retail stores and production facilities.

The average cost of the most common business license in Saskatoon is $125, with an annual renewal rate of $85.

A city spokesperson a reason for the higher cost is the small number of businesses involved.

They added the cannabis business was thrust upon municipalities and the license fee reflects the city’s cost.

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Top photo courtesy of Adobe Stock

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