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.
Top photo courtesy of Adobe Stock
