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Canadian province looks to double cannabis store cap to 150

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The Ontario government is proposing a number of significant legislative and regulatory changes to its cannabis framework that it says would combat the illegal market.

The province plans to make amendments to Ontario Regulation 468/18 under the Cannabis Licence Act, 2018, that would effectively increase to 150 the number of stores retailers and their affiliates are allowed to operate.

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The current limit is 75 stores.

The province said the increase would help combat illegal cannabis stores.

“We welcome Ontario’s move to increase its store cap to 150 and explore other measures aimed at curbing the illicit market,” High Tide CEO Raj Grover told MJBizDaily via email.

The Alberta-based retailer said the cap increase comes as some operators that have a franchise model are already approaching, or have exceeded, 75 stores in the province.

“The move also brings Ontario closer to Alberta, Saskatchewan and Manitoba, which don’t

Read full article on Marijuana Business Daily



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