Manteca is weeks away from its first storefront cannabis dispensary opening.

City officials Thursday confirmed Off the Charts — one of three concerns to be issued cannabis sales permits — is moving toward opening in two weeks.

The other two concerns aren’t as far along with remodeling their locations to the stringent security standards Manteca has required.

Off the Charts is opening in the 2300 block of West Yosemite in a small business park just a way before you reach Sunnyvalley Meats and the ACE station.

The site is the most visible from a roadway and arguably the easiest to access among the three locations.

The opening of the three cannabis dispensaries in Manteca will be felt in Modesto, Riverbank, and Stockton.

That’s because based on 2022 data gleaned by the state via driver license scans of patrons, more than 7,000 people in the two Manteca ZIP codes were customers of cannabis storefronts in Stanislaus County.

The three store openings will also be felt by the general Manteca community even if they don’t use cannabis.

That’s because the three concerns, based on community benefit agreements (CBA), will likely end up sending in excess of $2 million annually into municipal coffers to support general fund services as well as donations to Manteca-based nonprofits.

The CBA the city inked with Off the Charts will send 9 percent of the gross annual recruits to the general fund.

There is a minimum, though. The city is guaranteed to receive $600,000 a year regardless.

Off the Charts will donate 1 percent of its gross receipts to community nonprofits.

That means if Off the Charts does $10 million worth of business in a given year, $900,000 of that would go to the city and $100,000 to nonprofits.

In terms of what the city will receive, Off the Charts appears to be the most generous.

Embarc going in a small center on South Main Street across from Walmart and Denny’s agreed to 6 percent of its gross going to the city’s fund and 1 percent to community groups.

Nectar Markets of California locating in the former Golden Bear Physical Therapy space in the 1500 block of West Yosemite behind Valley Oak Dental committed to 5 percent of its gross to the city and 1 percent to nonprofits.

Nectar Market added the condition that community contributions would be a minimum of $250,000.

Keep in mind that until sales have taken place for a year there are no solid figures for the city or non-profits in general.

But assuming each concern does $10 million worth of business in Manteca a year and minimum guarantees, the city could see $2 million and community based non-profits $350,000.

To put that in perspective, $2 million is 2.7 percent of this fiscal year’s general fund revenue projection of $72.9 million.

Each concern also agreed to provide the city with license plate readers that will scan vehicles entering their respective lots.

Such scanners signal law enforcement when they read a plate that is registered to a vehicle that had been reported stolen or is connected to a crime.

 To contact Dennis Wyatt, email dwyatt@mantecabulletin.com