InvestorsHub Logo
Followers 52
Posts 5678
Boards Moderated 0
Alias Born 02/28/2014

Re: punto post# 137210

Saturday, 08/30/2014 11:23:35 PM

Saturday, August 30, 2014 11:23:35 PM

Post# of 194801
The devil is in the details of site #1. Since processing will take place, the reason for CEN applying for a zoning amendment is to seek relief from the current regulations restricting them from 6000 square feet (not 60,000) and five employees per shift. If there were not a defacto ban on medical mj in Lakeshore until they clarify their amendments for medical mj and hemp, no one will be allowed to grow even with an HC license. That comes straight from Mr. Foran. As well, the current zoning amendment process, if it does not qualify site #1 under the new medical mj, in other words it remains agriculture, value added, then they will have to seek relief via a zoning amendment application which they have filed with the town. That process has been duly outlined here in the past as to the minimums and maxiums it might take for the Ontario Municipal Board to sign off on the application. Once the town council votes on it, there is a mandatory 20 days appeals period before the OMB makes their final ruling.

This is not meant to discourage investment or to seek anyone to divest of their shares, it is simply the process by which any applicant seeking a zoning amendment application will have to endure.