11-04-2021, 08:55 PM
Or, cannabis shops feel that they have a high (ha!) enough profit margin to be able to afford the Uptown and Downtown rents that in some cases appear to be out of touch with the actual amount of foot traffic that is in a given block. This is the same reason that restaurants can afford downtown rents, but other types of retail stores cannot: restaurants have higher inventory turnover in a day whereas a store may not.