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• On October 14, 2019, at the request of the Council Finance/Audit <br />Sub -Committee (FAC) City staff presented initial research on the <br />potential new revenue generation from permitting retail cannabis <br />storefront businesses <br />• The City engaged the services of HdL consulting firm with strong <br />expertise in government cannabis program management to conduct <br />further analysis requested by FAC <br />On December 9, 2019, staff presented HdL's fiscal analysis report to <br />the FAC (findings are presented in following slides) <br />Community outreach-meetings/survey February/March 2020- <br />June/July 2020 <br />6of20 <br />