Vancouver has issued its first business licence to an illegal marijuana dispensary, as the city presses ahead with a landmark set of municipal bylaws in Canada aimed at regulating the sector.
The Wealth Shop was granted a licence this week to operate in a shopping complex on West 10th Avenue in the tony Point Grey neighbourhood, near the University of British Columbia.
Malik Sayadi, who has been in charge of hiring for the store, said the group of young local entrepreneurs behind the dispensary likely benefited by not joining in on the green rush of the past several years.
Instead, they quietly gained support from their prospective neighbours and jumped through all the bureaucratic hurdles to get the licence, he said.
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Vancouver, B.C., Issues First Marijuana Business License
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