TULARE – In light of the growing cannabis industry, Tulare city council approved development agreements for three recreational dispensaries in town in early April.
City Attorney Mario Zamora presented three recreational cannabis development agreements to the city council on April 5, where all were approved.
Annual donations of $25,000 to the Tulare Joint Union High School District, $10,000 for use in Centennial Park, $10,000 to the Tulare Public Library and $5,000 for use on the Santa Fe Trail.
Vice president of retail and sales for Valley Pure, Tony Caudle, explained that they chose these donation areas based on who they felt could benefit the most.
The second dispensary to have their development agreement approved was the grandfathered Herb’N Vibes dispensary on J street in downtown Tulare.
The Herb’NVibes dispensary is a little different from the others because it began as a medicinal cannabis shop, “We went recreational in February of 2021.
As a result of being grandfathered in, they did not have to complete a request for proposal like the new dispensaries, resulting in the differing community donation.
In addition to that Token Farms has agreed to pay 2% of net profits to non-profit organizations based in Tulare or Tulare County to address homelessness, underserved communities, youth, seniors, veterans and community events within the city.
“I also hope that we can take the revenues that are being generated and use them for other purposes in the city of Tulare, where we have a great need.