One of the legal cannabis companies looking to open a store in the Lynn Creek area has pulled their application from the District of North Vancouver.
Kiaro Cannabis’s rezoning proposal for 1560 Main St. was scheduled for a public hearing Monday night, but the company decided at the last minute to abandon their application.
Kayleigh Donahue, director of business development and licensing for Kiaro, said new business risks posed by COVID-19 combined with some deficiencies in the Main Street location led them to the decision.
“A lot has changed in the last couple months. … Businesses need to make prudent decisions and we didn’t feel like this was in the best long-term interests,” she said. “There were some challenges with parking and the upcoming upgrades on Main Street.”
Legalized cannabis retail is still in its infancy, Donahue added, and they will likely be back once they’ve found a better location for retail.
“We would love to apply for another one in the district if we are able to find a landlord willing to work with us,” she said.
A second public hearing for a cannabis store across the street at 1520 Barrow St. was also scheduled for Monday but the hearing was cancelled due to technical difficulties. It has been rescheduled for Monday July 27.
District council approved the municipality's first pot shop, a Muse Cannabis Store in Dollarton Plaza, last month.
Two more public hearings for cannabis stores at 1629 Marine Dr. and 1199 Marine Dr. are scheduled for July 14.