Laserfiche WebLink
<br /> 7 <br />▪ Opportunities <br />o Expanding consumer educational leveraging ganjier and public safety. <br />o Shifting public perception of cannabis. <br />o Reinvestment in local community programs through General Fund and Park Improvement <br />Funds. <br />o Technological advancements and innovation with data-driven insights leveraging Placer.ai: <br />▪ Compare establish market trends for optimal business hours of operation and trends. <br />▪ Recommend optimal site locations for operation. <br />▪ Threats <br />o Overcoming the cannabis consumption stigma <br />o Regulatory and political risk through changes made by state, and federal regulators/lawmakers. <br />o Safety concerns related to product consumption and cash handling. <br />o Pricing volatility of the market based on supply chain challenges. <br />o FIFO (first-in, first-out) processes as product has limited shelf life. <br />o Competition with black market. <br />IV. Operational Plan <br /> <br />1. Location <br /> <br />▪ Considerations: <br />o Located in a high-traffic shopping center with 10,000+ vehicles/day, ensuring visibility to <br />both commuters and local shoppers. <br />o Proximity to popular retailers like Walmart, Home Depot, Target, Coburns, and Downtown <br />businesses, fostering strong foot traffic and complementary shopping patterns. <br />o Ample parking availability and existing infrastructure ensure convenience for customers and <br />operational efficiency. <br /> <br /> <br />Range Population <br />1 Mile 5,128 <br />3 Miles 24,337 <br />5 Miles 45,236 <br />10 Miles 163,927 <br /> U.S. Census Bureau <br /> 2023 American Community Survey <br /> <br /> <br />▪ Potential site locations for commercial establishments: <br />o Natures Edge Business Center Second Addition (or Specht Property): <br />▪ High visibility from HWY 169 and 10 (35,000 ADT 2021). <br />▪ Established supplier in proximity. <br />▪ Proximity to Walmart, Home Depot, Target, Coburns, and other retail establishments. <br />o 18100 Zane Street Northwest: <br />▪ High visibility from HWY 169 (24,000 ADT 2021). <br />▪ Established retail area and adjacent to Walmart, Home Depot, etc. <br />o 430 Main Street Northwest: <br />▪ Visibility from Main Street and proximity to HWY 169 and 10 (12,000 ADT 2023). <br />▪ Vibrant centralized area and proximity to downtown, Walmart, Home Depot, etc. <br />Page 147 of 155