AGLC Lifts Retail Cannabis Licence Moratorium on Improved Supplies

Article by Marcy Nicholson, Globe and Mail

AGLC lifts retail cannabis licence moratorium on improved supplies MARCY NICHOLSON CANNABIS INDUSTRY REPORTER CALGARY PUBLISHED MAY 30, 2019 UPDATED MAY 30, 2019 FOR CANNABIS PROFESSIONAL SUBSCRIBERS HIGHLIGHTS AGLC lifts cannabis retail licence freeze AGLC will issue five retail licences weekly Retail licence moratorium could be reinstated if inventory takes “drastic downturn”

  1. AGLC lifts cannabis retail licence freeze
  2. AGLC will issue five retail licences weekly
  3. Retail licence moratorium could be reinstated if inventory takes “drastic downturn”
Alberta Gaming, Liquor and Cannabis (AGLC) has lifted its moratorium on cannabis retail licences due to improved supplies and will issue five licences weekly going forward, the government agency said on Thursday.
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New retail licence applications are also being accepted.
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“Lifting the moratorium supports economic development and the success of Alberta’s budding cannabis industry,” AGLC said.
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AGLC placed a freeze on issuing new retail licences in November, just weeks after recreational cannabis was legalized in Canada due to insufficient supplies from licensed producers (LPs). AGLC granted 36 licences since then, however, as it increased the number of supplying LPs to 26 from 15 in 2018. Alberta privatized retail cannabis when it was legalized in October, 2018, and so far has 101 licensed pot stores. This is by far the largest number of adult-use marijuana outlets in the country.

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