STRATFORD — The Chicago-based cannabis company approved to open the town’s first dispensary is no longer moving forward with the controversial project due to a mixup involving the facility’s lease, officials confirmed.
Verano Holdings, which operates more than 100 dispensaries across the country, won approval in April from zoning officials to convert an old bank at 1151 Stratford Ave. into an adult-use and medical marijuana retailer.
But the cannabis company was unaware that the beauty supply store that currently occupies that building has a multi-year lease preventing the dispensary from moving into the space, according to Barry Knott, an attorney who represents the store owners.
“My client, the tenant, is still there and he’s not given up the lease,” Knott said Thursday of the owner of Hair Heaven Beauty Supply. “He’s got a successful business. It ain’t happening.”
Knott said Verano attempted to negotiate a compromise with the beauty supply store to take over the lease, which is in effect for around another seven years. However, he said the two sides were ultimately unable to reach an agreement.
Source: https://www.ctpost.com/cannabis/article/chicago-cannabis-company-cancels-plans-open-18300653.php
