Zoocasa
Sold Prices
Mortgage Calculator
Map
Market Insights
  • Blog Home
  • For Buyers
  • For Sellers
  • Real Estate News
  • Mortgage News in Canada
  • Free Guides (PDF)
  • Real Estate Infographics
Zoocasa
  • Blog Home
  • For Buyers
  • For Sellers
  • Real Estate News
  • Mortgage News in Canada
  • Free Guides (PDF)
  • Real Estate Infographics
Home Guest Posts

The Positive Aspects Of Having A Cannabis Store In Your Neighbourhood

Lift and Co. by Lift and Co.
April 30, 2019
in Guest Posts, Real Estate News
Reading Time: 4 mins read
Cannabis Store
Share1
Tweet
Share
1 Shares


By Lift & Co. 

On April 1, customers braved unseasonably cold temperatures to be among the first to shop at Ontario’s new brick-and-mortar stores for their favourite cannabis strains, oils and accessories. While enthusiasts who lined up were thrilled about finally being able to shop in-store, enthusiasm for the new storefronts isn’t universal.

In the lead-up to legalization, several cities across Canada — including Richmond Hill and Markham, Ont., Abbotsford and Richmond, B.C. and Taber, Alta. — voted to ban cannabis stores in their municipalities, citing fears of increased crime rates, strains on municipal resources, and perceived danger to youth. 

“It’s not believed that it is going to be a good thing all around to have recreational marijuana being sold here,” Andrew Prokop, the mayor of Taber, told the CBC. “There’s nothing really good about it unless you’re medically required [to use it].”

Busting Misinformation

But for all the hand-wringing, research is demonstrating that the presence of cannabis stores can actually have the opposite effect on surrounding neighbourhoods and communities.

According to Cierra Sieben-Chuback, owner of Saskatoon’s Living Skies cannabis store, this may be partially attributed to fears rooted in stereotypes and misinformation. 

“There isn’t any one ‘type’ of person that enjoys cannabis. There are many people who don’t look like they’d be walking into a cannabis store, but that’s the beauty of the industry,” she says.

Sieben-Chuback was only 23 years old and a business student at the University of Saskatchewan when she was awarded one of seven permits for a cannabis retail store in the city. She was also the only applicant originally from Saskatoon, making her store the only one to be completely locally owned and operated.

From the start, the downtown business community was supportive of her venture. It was easy to see why. In addition to creating jobs, Seiben–Chuback’s store may actually be helping to increase foot traffic to neighbouring businesses – and, in turn, make the surrounding community a more desirable place to live.

Further Data Needed

With Canada only seven months into legalization, there isn’t yet data to support the effects of cannabis stores on surrounding neighbourhoods. But looking at our neighbours in the United States may give a few hints of what to expect: a 2017 study by the Wisconsin School of Business found Colorado neighbourhoods with cannabis stores saw increased property values of more than eight per cent after the state legalized recreational cannabis in 2014.

It’s not all good news, though. The presence of dispensaries is associated with an increase in marijuana-related hospitalizations. But many argue that it’s better than the alternative — an unregulated black market — and may even drive some positive health outcomes. 

For example, Rhet Smith, an assistant professor of economics at the University of Arkansas, compared opioid-related treatment admissions in neighbourhoods with and without dispensaries. What he found was neighbourhoods with dispensaries experienced a 20 per cent decrease in painkiller treatment over the first two years of operation.

Little Evidence of Crime Connection

Finally, in terms of crime rates — arguably the greatest fear of critics — there’s little evidence that cannabis stores are linked to increased criminality. 

“[Cannabis stores] also help provide an alternative option to other hard drugs and alcohol, which can be a problem in any community, no matter where you are,” says Sieben-Chuback. “We aren’t in this for monetary reasons. We are in this because we care so much about our community and want to provide them with something that has the potential to be amazing.”

Even in neighbourhoods where cannabis dispensaries have long been an institution, Vancouver’s Evergreen Cannabis co-owner Mike Babins says the ripple effects of legalization continue to be found.

“The other businesses on the block get along great with us,” he says. “I think the biscuit shop is pretty happy to be beside a cannabis store.” 

Lift & Co. (TSXV:LIFT) is a technology company modernizing the cannabis industry and helping Canadians and businesses explore, understand and make better-informed decisions through events, content, data insights and cannabis reviews.

Previous Post

The Pros and Cons of Renting with Pets

Next Post

Tips on How to Dog-Proof Your Home

Lift and Co.

Lift and Co.

Related Posts

Scenic view of Calgary
Canada

February Home Sales See Steepest Monthly Decline in Nearly Two Years: CREA

March 17, 2025
A couple talks about finances with a real estate agent.
Canada

Tariffs Return: How the Real Estate Market Reacted the Last Time US Tariffs Were On the Table

March 6, 2025
Market Insights

How AI is Changing Real Estate in 2025

January 21, 2025

Blog Search

No Result
View All Result

Newsletter Sign-up

Join a community of 130,000+ subscribers. Don't miss important real estate news, market data, and buying and selling tips.

Recent Articles

Gardeners’ Paradise: 7 Dream Homes Where Green Thumbs Thrive

May 23, 2025
A yellow house by the water, next to a wooden dock, surrounded by a serene landscape.

7 Small Towns in Newfoundland That Are Stealing the Spotlight from Big Cities

May 22, 2025
young family playing soccer with child

The City of Red Deer is Calling, a 90-Minute Drive from the Rush

May 22, 2025
A family walking out of an airport together.

7 Halifax Communities Near the Airport for Homebuyers and Frequent Flyers

May 21, 2025

Featured Listings

Gardeners’ Paradise: 7 Dream Homes Where Green Thumbs Thrive

May 23, 2025

Dream Homes with Breathtaking Views in the U.S.

February 11, 2025
A family looking at a house.

Deals of the Month: Ontario Homes with Recent Price Reductions

November 12, 2024

Slopeside Living: 9 Ontario Homes Near Ski Hills and Resorts

October 11, 2024
first-time home buyer programs and rebates

Social Media

250 The Esplanade Suite 408 Toronto, ON M5A 4J5

Stay Connected

  • Blog Home
  • For Buyers
  • For Sellers
  • Real Estate News
  • Mortgage News in Canada
  • Free Guides (PDF)
  • Real Estate Infographics
No Result
View All Result

Zoocasa © 2007–2022. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.