The Albert Lea City Council is set to make a key decision regarding the regulation of cannabis sales during its meeting on Tuesday night. The council will vote on a proposal that could reshape the landscape of cannabis business operations within the city.
If approved, the new regulations would establish a first-come, first-served system for registration applications from prospective cannabis businesses in Albert Lea. This approach aims to create a more organized and fair process for applicants entering the cannabis market.
Additionally, the proposed regulations will limit the number of cannabis retail stores to two within city limits. This restriction is intended to control the market saturation and maintain a manageable number of cannabis outlets for residents.
The regulations also stipulate that new applicants must not have any history of overdue property tax payments. This requirement is designed to ensure that only financially responsible individuals or entities can operate cannabis businesses in the city.
The council meeting will commence at 7 p.m., where members will discuss these proposed changes and their implications for the community. If passed, the new rules could take effect shortly thereafter, marking a noteworthy shift in local cannabis policy.