On January 6, Ontario opened applications for REC retail stores. No operator can own more than 10 REC stores until September, at which point they can own 30, and then in September 2021 they can own 75.
Government of Ontario, Trina Fraser
The fiasco of the last REC retail lottery was in August, and virtually none of the lottery winners have yet opened stores. That will change in coming weeks, with dozens of the second lottery’s winners nearly ready to open.
Globe and Mail, GrowthOp
- Alberta has developed several successful REC retail chains, which many expect will quickly move into Ontario.
- Canopy announced five more Ontario REC retailers will operate as Tokyo Smoke stores across Ontario, for a total of ten. BC restaurant consortium the Donnelly Group‘s REC retail arm Hobo Cannabis will open three. Press Releases
- Female-run cannabis stores remain a relative rarity.
In a piece of good news, the ministry of the Ontario attorney general confirmed micro-cultivators and licensed processors will be allowed farm-gate sales, a promising development that could dramatically cut down on obstacles micro producers face in bringing products to market.
MJ Biz Daily