Eden Empire Secures Cannabis Development Permit and Announces Joint Venture in Historic Gastown Vancouver – World News ReportPosted by On


/EIN News/ — VANCOUVER, British Columbia, April 05, 2021 (GLOBE NEWSWIRE) — EDEN™ (CSE:EDEN), is thrilled to announce that the City of Vancouver has granted to EDEN™ a development permit for a new retail cannabis location at 348 Water Street, located in the heart of Gastown, Vancouver. EDEN™ has also entered into a letter of intent with an arm’s length third party to operate its Gastown location as a joint venture for proceeds of $500,000CAD. EDEN™ intends to use these funds to expand its footprint in the State of Michigan.

Key Takeaways

  • Gastown serves as a primary shopping, dining and entertainment district in the heart of Downtown Vancouver.
  • This location sits just steps from the Historic Steam Clock and Terminal SkyTrain Station.
  • Expected to use the proceeds for further expansion in the US cannabis market.

Gerry Trapasso, Director & CEO, commented, “Being located just footsteps from Terminal Station and the historic Gastown Steam Clock makes this location a massive attraction for tourists, visitors and residents of the area. We are extremely excited about the introduction to this area and feel our boutique style culture provides an exciting opportunity in Gastown. Obtaining the Gastown location allows EDEN to uniquely position itself with key retail locations within the City of Vancouver.

The gross proceeds brought in through this JV…

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/EIN News/ — VANCOUVER, British Columbia, April 05, 2021 (GLOBE NEWSWIRE) — EDEN™ (CSE:EDEN), is thrilled to announce that the City of Vancouver has granted to EDEN™ a development permit for a new retail cannabis location at 348 Water Street, located in the heart of Gastown, Vancouver. EDEN™ has also entered into a letter of intent with an arm’s length third party to operate its Gastown location as a joint venture for proceeds of $500,000CAD. EDEN™ intends to use these funds to expand its footprint in the State of Michigan.

Key Takeaways

  • Gastown serves as a primary shopping, dining and entertainment district in the heart of Downtown Vancouver.
  • This location sits just steps from the Historic Steam Clock and Terminal SkyTrain Station.
  • Expected to use the proceeds for further expansion in the US cannabis market.

Gerry Trapasso, Director & CEO, commented, “Being located just footsteps from Terminal Station and the historic Gastown Steam Clock makes this location a massive attraction for tourists, visitors and residents of the area. We are extremely excited about the introduction to this area and feel our boutique style culture provides an exciting opportunity in Gastown. Obtaining the Gastown location allows EDEN to uniquely position itself with key retail locations within the City of Vancouver.

The gross proceeds brought in through this JV…



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