Megan’s Organic wants to take you higher-
Plans 5th-floor Consumption Lounge
SLO cannabis retailer Megan’s Organic Market has filed a preliminary plan with the City of San Luis Obispo to demolish the fire damage building at 283 Higuera and build a five-story, mixed-used building on the corner property at Higuera and Pismo. The plan includes a 5th floor cannabis store, consumption lounge and roof deck where you might puff and enjoy the view.
The project, located just down the block from the existing Megans’ store, might be expected to consolidate that location. Also part of the plan is ground floor parking and 20 residential units in the proposed “high” rise, just a block from High St.
Fire gutted the property near Downtown more than a decade ago and the burned out remains have sat empty for all this time with a for sale sign on it.The property has a price tag of $1,150,000 and is listed as pending.
Proposed location at Higuera and Pismo
The site once housed The Sub store.
Looking to take advantage of state incentives, Megan’s is seeking a state density bonus as well as waivers from rules on parking, setback,height and FAR (Federal Acquisition Regulation), says the staff report.
SLO city Cannabis Coordinator Ivana Gomez says the city has not yet approved any consumption lounge in its jurisdiction and any change would require a text amendment to city policies. She says the application only recently submitted would be taken up at the staff level next month. San Luis Obispo has two approved operating dispensaries and a third – Embarc SLO – plans a retail storefront at 2400 Broad Street but its conditional use permit approval has faced local appeals and public hearings.
A July update to council on cannabis income to the city showed the city collected roughly $815,000 in tax revenue in Fiscal Year 2024-25 and is budgeting approximately $1 million in revenue for Fiscal Year 2025-26.
Megan’s Organic Market, owned by Megan Souza, the mother of the operation, owns four dispensaries in San Luis Obispo, Corona, El Centro, and Goleta. The place is called MOM by some as a 100% woman-owned business. They now deliver to all parts of San Luis Obispo County.