Ubuntu 18.04 LTS

I'm trying to allow users to create their own virutalenv for python3, however when trying to create said environment using a standard user account with this command:$ python3 -m venv ~/path/to/venv

I get this error: Error: [Errno 13] Permission denied: '~/path/to/venv'

~/path/to/venv is already created and is owned by the standard user. The permissions are 775. How do I fix this?