Canopy Growth Corp (WEED)

[undeffiniert]

Ontario to Open 50 Additional Cannabis Stores

Quick Facts

Of the 50 new private cannabis retail stores being licensed, the government is allocating eight stores to retailers who wish to operate on a First Nations reserve, and the remaining 42 stores allocated as follows:
East Region: seven stores
GTA Region: six stores
Toronto Region: 13 stores
West Region: 11 stores

North Region: One store in each of the following cities: Kenora, North Bay, Sault Ste. Marie, Thunder Bay and Timmins
The licensing and store authorization process for stores on-reserve will take place through a separate process from the lottery, on a first come, first served basis, and begin in July 2019. Details regarding this process are available on the AGCO website.

The 50 new private cannabis retail stores will be authorized upon meeting all requirements and approved to open on a rolling basis, beginning in October 2019, as they conclude their supply agreements with the Ontario Cannabis Store.

To ensure the lottery and allocation process are conducted fairly, the AGCO will again employ a third-party fairness monitor.


via newcannabisventures.com