In the executive summary submitted with the letter to Garvin, it states, “Cal Verde Natural’s mission is to create a safe and clean community environment and to provide consistent, high quality cannabis and cannabis products to consumers who are 25 years of age or older at its proposed adult use retail marijuana establishment located at 1010 Pleasant St. in Belmont.”
In their proposed term sheet for a host community agreement with the town, Cal Verde proposes payment of a community fee in the amount of 3 percent of the annual gross revenues in the town from its Belmont retail marijuana establishment.
According to Attorney Joseph Noone of Avery Dooley Noone, LLP, who is representing Cal Verde Naturals, LLC, they will be engaging a traffic engineering firm to conduct a traffic analysis for the proposed site.
Prior to opening, Cal Verde will need approval of a special permit from the Planning Board. Public hearings will be scheduled and the dates will be announced. The Host Community Agreement will also need to be approved by the Select Board prior to the store opening.