Saskatchewan Picks Cannabis Retailers By Random Draw, 5 Companies Get 1/3 of Permits

Article by Mike Okada, Cannabis Life Network

SASKATCHEWAN PICKS CANNABIS RETAILERS BY RANDOM DRAW, 5 COMPANIES GET 1/3 OF PERMITS MIKE OKADA

Saskatchewan has picked the retailers for its 51 cannabis stores by random draw, and five companies have won big.

According to the CBC, 17 (or one-third) of the available permits went to one of five companies, which prompted the minister in charge of the Saskatchewan Gaming and Liquor Authority (SLGA) Gene Makowsky to defend the process, saying,

“It’s not always what the numbers might entail. So again, random draw, transparent process. That’s just what came out of the draw”.

The five big winners are listed below:

  • Canopy Growth Corp.-owned Tweed Grasslands, Yorkton won the most permits out of anyone with five
  • Prairie Sky Cannabis Inc. won four
  • Synergy Five Investments got three
  • 1159711 B.C. Ltd. also got three
  • Aura Cannabis Inc. (not to be confused with Aurora Cannabis) got two

There were over 1,500 applicants for the cannabis permits, and the most sought-after locations were for Saskatchewan’s largest cities, Saskatoon and Regina, which received 165 and 157 applications, respectively. Saskatoon had seven permits up for grabs while Regina had six.

Read the full article here.

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