5Buds opens cannabis store in Prince Albert
Posted on March 10, 2021 in News. Tags:
Prince Albert’s third cannabis store has officially opened its doors. 5Buds Cannabis opened to the public on January 29 in the Cornerstone Mall. “We are so excited to have opened our Prince Albert location,” says Calvin Isackson, Managing Director of 5Buds. “Our store opening had a few minor hiccups, but overall, everything went extremely well. I’m so proud of our team for making this happen!”
Calvin joined 5Buds in mid-December, taking on the leadership role over the company’s 4 locations. “As people arrived at the store, I think they were blown away by how different this is from the typical cannabis store experience,” says Calvin. “The appearance, the inside, the music – everything is bright, welcoming and inviting. We are really seeing a steady progression of business as people come in, check us out, take pictures and text their friends to come check us out.”
The Cornerstone location is 5Buds Cannabis’ fourth store in the province, with existing stores in Yorkton, North Battleford and Warman that have been operating since cannabis was legalized in 2018. The company is 100% Saskatchewan owned; the result of a partnership between Athabasca Basin Development, Des Nedhe, Peter Ballantyne Group of Companies and Prince Albert First Nations Business Development, representing ownership from 13 First Nations communities.
“Together, we are four strong, local investment companies who collectively have ownership in over 30 companies in various industries, including gas stations, hotels, distribution companies, and many others,” says Geoff Gay, CEO of Athabasca Basin Development. “Three of the four of us have offices right here in Prince Albert, and we are very excited to have opened a store in our home-town.”
The Prince Albert location employs 10 people. “Our staff takes great pride in the fact that we are local, that we hire local, and that our profits go back to First Nations communities in our province,” says Calvin.
In the coming months, the staff will be focused on building a presence in their new location and getting to know their customers. “Thank you to the Prince Albert community for welcoming us and coming to
check us out!” says Calvin. “Every day, we are excited to welcome new customers, and we continue to build the relationship with those customers who have already chosen us.”
5Buds will be opening a fifth location in Kindersley in spring 2021.