As More and More Cannabis Stores Open, Some Ask: How Many Can Stay in Business?

Article by Patrick Cain, CTV News

If there’s one thing the western stretch of the Danforth, a busy street in Toronto’s east end, suddenly isn’t short of, it’s cannabis stores.

First it was Canvas, a brightly lit store in a former diner, part of a small local chain. Then, ten minutes’ walk down the street, Friendly Stranger, owned by national chain Fire & Flower, opened up shop. Then Green Merchant, part of a small local chain, opened a store across the street from the Friendly Stranger.

Finally, Canopy Growth, owner of retail chain Tokyo Smoke, confirmed this week to CTVNews.ca that they plan to open a fourth store in the neighbourhood, just across from Canvas.

Read the full article here.

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