Three different businesses want to open a pot shop on E Olive Way between Melrose and Denny. City rules would permit two locations to open, but the third could be left out.
Northwest Cannabis applied for a shop in a building next to The Crescent on October 20th. That entity is backed by marijuana advocate John Davis, and somehow involves Ian Eisenberg, owner of Uncle Ike’s.
The Reef filed its application November 9th, and wants to open a shop in the Amante Pizza building.
Finally, The Bakeree filed an application November 14th, looking to open in the building the houses John John’s Game Room, though not necessarily in the John John’s space.
In another wrinkle, all three buildings changed hands in recent months. The Reef’s proposed home sold for $1.4 million in June. In September, Eisenberg paid more than $2 million for the former law offices next to the Crescent. The biggest deal of them all also went down in September. Real estate investment firm Teutsch Partners snapped up the building home to John John’s, Pie Bar, and the Speckled and Drake bar for a whopping $4.3 million. Continue reading