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Council asks staff to review Greenbrier cannabis contract after council members say company is behind on minimum payments
Summary
Councilmembers said the city has received about $460,000 in cannabis revenue so far, short of an alleged contract minimum of $500,000; they directed staff to review the Greenbrier contract, revenue history, and any breaches (for example, if manufacturing or distribution moved), and to report back.
Several council members raised concerns on July 8 about the city’s revenue from a cannabis operator identified in the meeting as Greenbrier and directed staff to review the contract and payment history.
Staff noted the budget packet lists about $460,000 in cannabis revenue to date; one councilmember said the contract stipulated a minimum of $500,000 and asserted the company was already in breach. Councilmembers also raised issues including whether the company had moved manufacturing or distribution outside city limits, whether contractual percentage-based payments had been triggered by canopy or other measures, and whether the city had pursued contract remedies or enforcement in the past.
Council asked staff to review the Greenbrier contract, verify revenues received versus contractual minimums, and report back about any breaches or accounting issues. Staff committed to audit revenue lines and to consult prior files and intergovernmental records as necessary. One councilmember suggested contacting counterparts in other jurisdictions that had negotiated similar agreements for guidance on enforcement and revenue recovery.
Myra Escobedo noted the packet’s cannabis revenue line and the alleged contract minimum; she said staff would investigate and follow up with council.
