Friday, July 27, 2018 4:13:26 PM
Ontario to allow private retailers to sell cannabis, report says
Government will still control the distribution, manage online sales
The Canadian Press · Posted: Jul 27, 2018 7:05 AM ET | Last Updated: 4 hours ago
(Remember the BC liquor board buying all of Boomera's 12 month supply)
The anticipated move by the newly elected PC government is a major reversal of the policy developed by the previous Liberal regime. (Ron Ward/Canadian Press )
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The Ontario government will reportedly allow private stores to sell marijuana once recreational cannabis becomes legal on Oct. 17.
A source in the provincial government told the Globe and Mail that Finance Minister Vic Fedeli and Attorney General Caroline Mulroney are expected to make an announcement as early as next week to outline a plan to let the private sector own and operate cannabis shops.
The source, who spoke on condition of not being identified, also indicated that the government would still control the distribution of the product to the stores and manage online sales.
Questions swirl around Ontario's pot plans as Doug Ford prepares to take power
Trudeau says pot will be legal as of Oct. 17, 2018
The previous Liberal government under Kathleen Wynne had planned to give the Liquor Control Board of Ontario a monopoly on the sale of recreational cannabis, with 40 stores slated to open this year under an LCBO subsidiary called the Ontario Cannabis Store (OCS).
The new system would mirror the Alberta model, which will allow for privately run cannabis stores to sell marijuana with licences granted by the liquor commission.
Ontario Premier Doug Ford has already indicated that he was considering the private sector, saying in late June that he doesn't believe "government should stick their nose into everything."
A spokesman for the Ontario Ministry of Finance wouldn't comment on the details but said the province will be ready by the time marijuana is legal in October.
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Sales will take-off out of the gate. Lets hope RQ gets more than its share. Things will start looking better come this fall. AJMO and worth what you aid for it.
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