Ontario ‘Freezes’ Cannabis Store Leasing Ahead of Possible Shift, Sources Say

Article by Matt Lamers, Marijuana Business Daily

Ontario ‘freezes’ Cannabis Store leasing ahead of possible shift, sources say

Efforts to sign leases for Ontario Cannabis Store outlets have been put on hold as the new government weighs how legal marijuana will be sold to consumers in the province, multiple industry sources have told Marijuana Business Daily.

Executives privately expressed optimism, as the delay potentially signals a pivot to private distribution in Canada’s largest market.

Rod Elliot, senior vice president for Global Public Affairs and head of their cannabis practice, said the move would not be surprising given that the new government is reviewing all spending initiatives.

“It would seem that the Ontario Cannabis Store (OCS) is currently in a holding pattern and is awaiting political direction from the new Ford administration on how to proceed with the rollout,” he said, referring to Ontario’s new premier, Doug Ford.

Read the full article here.

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