TEB Passes Funds For Phase Two Of Cannabis Study
The Fort Peck Tribal Executive Board approved $16,500 for phase two of a cannabis study during its meeting on Monday, Sept. 22.
In early August, the TEB passed by a 7-2 margin to conduct the exploration and development process of a tribal cannabis regulatory framework and economic initiative.
Phase two will include a preliminary market analysis. TEB member Roxanne Gourneau said that phase three would feature investments and start-up costs, but TEB shouldn’t address those funds yet until community support is measured through phase two.
The motion on Monday passed by an 8-1 margin with TEB member Jestin Dupree the only one voting against the proposal.
Dupree said he keeps hearing about talking to community members, “But I don’t know if it’s being done.”
Dupree also feels that dealing with the topic might be giving a headache to the next tribal executive board.
Gourneau answered, “I don’t think any committee member is going to deny our people health care, more economic opportunities and new money.”
Cost for the phases include $14,500 for the flash report, $16,500 for preliminary market analysis and $12,500 for analysis feasibility student. Total is $43,500.
The resolution, that was approved on Aug. 11, notes the tribes seek to explore opportunities for economic development, public health and revenue generation through the lawful regulation, licensing and commercial development of cannabis and cannabis derived products under tribal law.
