The City of Merritt is opting not to gouge cannabis dispensary operators applying for a business license.
Mayor and Council have given the first three readings to the bylaw that would see a prospective cannabis dispensary pay $650 for the initial license, and $150 each year after.
While cities like Kamloops and Vancouver have set the price at $5,000 and $30,000 respectively, Director of Corporate Services Sean Smith says the idea is to cover the costs associated with licensing a business and not to make a profit.
"Our take is that business licencing is designed for the individual business to be revenue neutral,"Smith said. "We don’t want to charge more for the license than it costs the city to process."
Smith added that any cannabis dispensary that opens in Merritt will also pay a $1,500 annual fee to the province.