Cannabis Companies Jockey for Share of Ontario’s Pot Shops

Article by Mike Crawley, CBC News

Cannabis companies jockey for share of Ontario's pot shops Facebook Twitter Reddit LinkedIn Doug Ford's government has yet to decide how many weed retail licences any one company can hold Mike Crawley · CBC News Seedlings are shown at an Aurora Cannabis grow facility. The company owns 25 per cent of retailer Alcanna and fears it could be shut out of the Ontario retail pot market by the terms of legislation currently being considered at Queen's Park. (Ryan Remiorz/Canadian Press)

A battle is brewing over how Premier Doug Ford’s government will divvy up the private sector’s share of Ontario’s retail cannabis market.

Legislation that would allow companies to operate pot shops in Canada’s largest province is now under scrutiny at Queen’s Park and businesses are trying to influence key details of the bill.

Once crucial aspect of the retail regime that’s still to be decided: how many cannabis retail licences any one corporation can hold. Government officials say there will be a limit, but that limit has not yet been set.

This coming Wednesday, when the prohibition on recreational pot ends across Canada, the only legal way to buy it in Ontario will be through the government-run online retailer.

Pot producers limited to only 1 retail outlet

Storefronts selling pot will not open until April 1. That’s because the Ford government this summer scrapped the Wynne government’s plan for provincially-owned pot shops, instead opening up the market to the private sector.

Read the full article here.

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