City Council

(8) 24­0420­S2 CD 14 CONSIDERATION OF REQUEST for a Finding of Public Convenience or Necessity, and COMMUNICATION FROM THE LOS ANGELES POLICE DEPARTMENT, relative to a proposed retail commercial cannabis business submitted by Requestor, TBM Management Group Inc., at the proposed business premises address of 2043 Imperial Street, in the Central North Community Plan Area. Recommendations for Council action: 1. FIND that the potential issuance of a retail commercial cannabis license, subject to Department of Cannabis Regulation (DCR) Tuesday - April application and 16, 2024 -processes and compliance licensing PAGE 10Articles 4 with and 5 of Chapter X of the Los Angeles Municipal Code, to Samuel DEPARTMENT, relative to a proposed retail commercial cannabis business submitted by Requestor, TBM Management Group Inc., at the proposed business premises address of 2043 Imperial Street, in the Central North Community Plan Area. Recommendations for Council action: 1. FIND that the potential issuance of a retail commercial cannabis license, subject to Department of Cannabis Regulation (DCR) application and licensing processes and compliance with Articles 4 and 5 of Chapter X of the Los Angeles Municipal Code, to Samuel Nieto for TBM Management Group, Inc. at 2043 Imperial Street, Los Angeles, California 90021, will serve the public convenience or necessity because of the following reason(s): a. The proposed business premises would be located in an area with a high number of unlicensed commercial cannabis retail establishments, such that an additional licensed location would serve the public convenience or necessity by satisfying a higher demand for retail locations and reduce patronage of unlicensed establishments. b. The Requestor's business would include clearly specified public safety related features, such that the operation of the Requestor's business would serve the public convenience or necessity by likely reducing crime or nuisance activity in the surrounding area. 2. GRANT the Request for a finding of public convenience or necessity for the proposed retail commercial cannabis business submitted by TBM Management Group, Inc., at the proposed business premises address of 2043 Imperial Street, Los Angeles, California 90021. 3. INSTRUCT the City Clerk to transmit this finding to the DCR.