Evergreen Market Set to Open Turlock’s Fourth Cannabis Dispensary
The city of Turlock is set to issue its fourth and final cannabis retail license as The Evergreen Market, headquartered in Renton, Wash., seeks to complete its application process in the coming weeks.
So far, two cannabis retailers – Perfect Union at 2500 N. Golden State Blvd. and Firehouse at 1601 W. Main St. – operate within city limits. A third, Natural Healing Center, is renovating the former El Rosal Mexican restaurant at 3401 W. Monte Vista Ave., with a view to opening in the coming months.
A development agreement hearing for Evergreen Market was scheduled to take place Aug. 4, but was postponed by the city due to the lengthy background check process, according to Adrienne Werner, the city’s senior planner.
Undeterred by the delay, CEO Shannon Vetto remains optimistic that Evergreen Market will soon be able to begin renovations at the desired location at 101 E. Glenwood Ave., off Lander Avenue off Highway 99. .
More than optimistic, Vetto believes in the main mission of Evergreen Market.
“I loved what they were doing,” Vetto said, referring to EM co-founders Arne Nelson, Jeff Anderson and Eric Gaston. “And I loved the reasons why they were doing it. They didn’t really need to work anymore, but they wanted to work for a purpose.
Nelson, Anderson and Gaston were all in their 50s or 50s when they founded Evergreen Market eight years ago. Nelson worked in the tech industry, Gaston was a partner at a law firm, and Anderson was an e-commerce entrepreneur. With Vetto, everyone was able to consider slowing down…not getting into a new industry that they knew very little about.
“We spent a lot of time doing our due diligence,” Nelson said. “We needed to figure out if we wanted to get into this business and then what kind of impact we wanted to have.”
Even before California passed its legalization initiative in 2016, the cannabis industry was battling a “street corner” image that helped stigmatize the industry. To date, cannabis is classified as a Schedule I narcotic under the Controlled Substances Act.
Heroin is also a Schedule I substance.
Due to its Schedule I status, federal regulations make it virtually impossible for entrepreneurs in the sector to obtain financing, Vetto said.
These are the barriers that Evergreen Market wants to help break down.
“We want to build a place where people can be comfortable,” Nelson said. “And we want to help people understand. We think it is a great injustice that cannabis is still listed as a controlled substance.
Evergreen Market has locations in Auburn, Bellevue, Kirkland, North Renton, and South Renton, all within 30 miles of Seattle. The store floor plans resemble a “modern country market”, according to Nelson, and each has a “book bar” and an on-site education manager to help customers learn about an ever-changing product. .
“These guys I work for care more about the road to progress than the business, even though they’re businessmen,” said Vetto, who has spent the previous two decades helping Russell Investments expand. its global footprint. “That, I can get an idea and that’s what excites me.”