Alaska Cannabis Regulators OK First Retail License

Published on September 8, 2016 · Last updated July 28, 2020
Fairbanks, AK. USA.-Dec. 21,2015: The sun at its highest point on the official first day of winter in Fairbanks Alaska at 1:49 pm, with 3 hours 41 minutes of daylight it is the shortest day of the year.

ANCHORAGE, Alaska (AP) — Alaska marijuana regulators have approved the first permit for a cannabis retail store.

The Alaska Marijuana Control Board on Thursday approved the permit for Frozen Budz, which will be located in Fairbanks.

Co-owner Destiny Neade received a round of applause from the audience and clapped herself. As she walked back to her seat, she told the audience, “Now all I need is some herb.”

Neade says she’s excited to have the permit in hand because she can now start making money off marijuana.

She says she has lost count of how much money she and her husband, Nick, have pumped into the business after they reached the $150,000 mark.

If she can find enough marijuana from licensed growers, she hopes to be open around Oct. 1.

The control board was also to consider 16 other retail license locations during its meeting in Anchorage.

Shop highly rated dispensaries near you

Showing you dispensaries near
See all dispensaries
The Associated Press
The Associated Press
The AP is one of the world's largest and most trusted sources of independent newsgathering.
View The Associated Press's articles
Get good reads, local deals, and strain spotlights delivered right to your inbox.

By providing us with your email address, you agree to Leafly's Terms of Service and Privacy Policy.