Eden Empire Inc. (EDEN) has received its approval in principle for a cannabis retail store in Vancouver’s West End.
The AIP was granted by the Liquor & Cannabis Regulation Branch of the Province of British Columbia.
EDEN’s flagship store will be located at 1674 Davie Street. Davie Street is one of the most densely populated and rapidly growing neighbourhoods in Vancouver.
The store will be just steps away from the bustling Sunset Beach area, a BC Liquor store, and numerous adult-focused establishments.
Receiving AIP from the LRCB is one of the final steps required in licensing a cannabis retail store in British Columbia.
Gerry Trapasso, Director & CEO, commented,
"We are excited to add this flagship location to the numerous cannabis retail stores anticipated to operate under the EDEN brand in Vancouver."
"Receiving AIP from the LCRB marks a significant milestone for the Company. We are ready for further expansion in the Province of British Columbia to showcase what truly sets EDEN’s brand and customer experience apart," added Trapasso.
Eden Empire is in the business of investments and operations in the cannabis sector and engaging in retail cannabis sales.
Eden Empire intends to expand its retail operations in Canada and to expand its business to cannabis cultivation, extraction and processing and become a fully integrated cannabis product company in the United States.
Eden Empire Inc. (EDEN) is trading at C$0.90 at 2:42 pm ET.